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Hedin Automotive said today it had completed the acquisition of Stephen James Alliance that was first announced in July.
The transaction comprises all operations of the BMW and MINI retailer Stephen James Group, which employs circa 400 people.
Following the acquisition, Hedin Mobility Group now represents BMW, MINI, Mercedes-Benz and smart in the UK with a total of 14 sales points and nine workshops within the Greater London Area.
Hedin Mobility Group’s UK retail activities will be organised in two separate subsidiaries: Stephen James Automotive (BMW and MINI) and Hedin Automotive London (Mercedes-Benz and smart).
Anders Hedin, founder and CEO of Hedin Mobility Group said: “We extend a warm welcome to our new dedicated and skilled co-workers within Stephen James to Hedin Mobility Group.
“By adding these BMW and MINI businesses to our current Mercedes-Benz operations, we stand on a foundation of leading brands, first-class retailers, and outstanding staff.
“This gives us excellent conditions for success and further growth in the important UK market.”
Stephen James Group was established in 1973 as a used car dealer and in 1985 became an authorised BMW and MINI automotive retailer principally based in Enfield, North London.
Today the group operate five BMW and three MINI Centres located in Enfield, Woolwich, Bromley, Ruxley and a city retail outlet in Blackheath.