Velocity Vehicle Group completed the acquisition of P & R Truck Centre.

Synopsis

Velocity Vehicle Group, a provider of supplying and servicing commercial vehicles, completed the acquisition of P & R Truck Centre, a dealer and servicer of heavy-duty trucks and commercial vehicles. Financial terms were not disclosed.

Principals

target

P & R Truck Centre

bidder

Velocity Vehicle Group

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Market Context

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Bidder Team (2)

manuel contramaestre

BDO

Accountant

bidder

Deals

n/a

Total Value

steve mccullough

Partner at BDO

Accountant

bidder

Deals

£ 101 M

Total Value

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