JCT600 Ltd

JCT600 Ltd is a privately owned franchise motor firm that operates primarily in the north of England, with 47 dealerships between Boston and Newcastle.^[1] The company represents 19 brands.

Company history

The company was founded in 1946 as Tordoff Motors, with one showroom that housed Standard and Triumph vehicles. The company is now a franchise with 47 sites in the north-east of England.^[2] Jack Tordoff inherited and built the business over 44 years before his son and current CEO, John Tordoff, took over in 2002. The elder Tordoff remains chairman.

Gilder Group acquisition

The first acquisition of Gilder sites came in 2009, with York and Hull Audi joining the JCT600 group. In 2013, Gilder CEO Garry Scotting agreed to sell all but three Honda dealerships to John Tordoff thanks to an earlier agreement that JCT600 had first refusal should Scotting decide to sell.^[3]

The Office of Fair Trading investigated the acquisition under the merger provisions of the Enterprise Act 2002, to establish whether the merger would result in a substantial lessening of competition.^[2] Following a six-month investigation, OFT cleared JCT600 in September 2013, with the company acquiring nine sites housing SEAT, Audi, Volkswagen and Volkswagen Commercial Vehicles. The move also saw the number of employees increase from 1,350 to over 1,800 across the group, and annual turnover exceed £900m.^[4]

Manufacturers

The group currently represents:

References

1. ↑ "Apperley Bridge firm in confident mood". Wharfedale and Airedale Observer. 15 December 2010. Retrieved 16 January 2015. 
2. ↑ 2.0 2.1 "OFT to investigate JCT600 acquisition of Gilder Group". Automotive Management. 19 June 2013. Retrieved 16 January 2015. 
3. ↑ "JCT600 adds £200m turnover with acquisition". Automotive Management. 4 March 2013. Retrieved 16 January 2015. 
4. ↑ Hutchinson, Curtis (17 September 2013). "OFT clears JCT600's Gilder acquisition". Motor Trader. Retrieved 16 January 2015. 

External link

• Official website