Lookers
The Lookers Group offer new and used cars from leading manufacturers, as well as extensive aftersales services.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
* | N/A | Post IPO Equity | |
| Total Funding | 000k | ||
| GBP | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 4 % | (2 %) | (23 %) | 9 % | 6 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | 2 % | 2 % | 1 % | 2 % | 4 % | 4 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 1 % | 1 % | (1 %) | - | 2 % | 2 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Lookers, a name synonymous with automotive retail in the UK, traces its roots back to 1908 when it was founded by John Looker. Initially, the company focused on selling bicycles and parts, but soon expanded into the burgeoning motor industry. This strategic pivot laid the foundation for Lookers' future growth.
Over the decades, Lookers steadily expanded its footprint across the UK, acquiring various dealerships and enhancing its portfolio. A significant milestone in its journey was the acquisition of the Braid Group in 1983, which bolstered its Vauxhall dealerships and marked Lookers as a formidable player in the automotive sector.
In recent years, Lookers continued its expansion through strategic acquisitions, including the purchase of Jennings Motor Group in 2018. These moves not only expanded its market presence but also diversified its offerings, ensuring resilience in a competitive market.
The most transformative event in Lookers' history came in 2023 when Global Auto Holdings Limited, owned by Canada's Alpha Auto Group, acquired the company for £465.4 million. This acquisition marked a new chapter for Lookers, providing it with the resources and global reach to further solidify its position in the automotive industry.
Today, Lookers stands as a testament to strategic growth and adaptability, evolving from a small bicycle shop to a leading automotive retailer. Its journey reflects the dynamic nature of the automotive industry and the importance of strategic acquisitions in achieving long-term success.
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