Announced
Synopsis
Shawbrook, a provider of savings and lending services, agreed to acquire JBR Auto Holdings, a UK specialist motor finance lender focused on high-end vehicles. Financial terms were not disclosed. "JBR's extensive knowledge of this specialist segment within the wider motor finance market is exceptional. Aligning the business to Shawbrook's 'best of both' approach, combining technology with deep human expertise, this acquisition will help us to extend the JBR proposition to more customers who value a premium experience, flexibility, and certainty when securing finance for their high-end vehicles," Marcelino Castrillo, Shawbrook CEO.
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