Thursday, 2 February 2012

Gordon Lamb has announced a new partnership with Barclays Corporate.

The company recently transferred all day-to-day banking to Barclays, and has refinanced to assist with its growth plans.

Gordon Land is ranked No.130 in the Motor Trader Top 200 with turnover of £72.3m and pre tax profits of £1.6m in the year to December 2010.

The motor dealer group headed by Stephen Lamb sells 6,000 cars and vans a year. Gordon Lamb has dealerships in Chesterfield, Sheffield (and Derby to follow shortly) and has franchises for Range Rover, Land Rover, Nissan, Skoda, and Toyota, and authorised service centres for Renault and Jaguar.

Barclays Corporate has been busy with motor dealer business in recent weeks. In January it announced that Border Cars in the South of Scotland and Cumbria had acquired the Glen Henderson dealership in Ayr with a Barclays loan.

Border Cars now operates nine vehicle franchises (Mazda, Kia, Chrysler Jeep, Fiat, Suzuki, Mitsubishi, Daihatsu, Skoda and Ford) from seven sites in Dumfries, Stranraer, Carlisle, Workington and Ayr.