Lookers PLC (LOOK.L)
9 Oct 2015
* Acquired Addison Motors Limited, trading as Benfield Motor Group, for 87.5 million stg in cash
* H1 revenue increased to £1.75 billion (2014: £1.6 billion) - up 9%
* Our motor division delivered another creditable performance in period with gross profit from new retail cars increasing by 4%
LONDON, April 17 - With many of Britain's classic car brands now foreign-owned, fund managers and brokers are turning to domestic-listed dealerships to cash in on resurgent car sales and wage growth in the UK without investing abroad.