Grangemouth-based John R Weir Mercedes has been bought over by Arnold Clark for an undisclosed sum.
Weir is one of Scotland’s best-known car and commercial vehicle dealerships and its operations in Grangemouth, Perth, Dundee, Aberdeen and Inverness are now owned by Arnold Clark, Europe’s largest privately-owned car dealer.
The acquisition represents the establishment of Arnold Clark’s first Mercedes-Benz dealerships and the firm were quick to confirm all 321 current John R Weir staff will continue to be employed following the handover.
John Weir, managing director of John R Weir Group, said: “The board of John R Weir Group reviewed a range of options for the group going forward and determined the sale of the company was best for the business, its customers and its staff.
“I am personally delighted we have been able to attract a buyer of the calibre and size of Arnold Clark, who I am confident will grow the business further as it enters this new chapter in its development.”
Eddie Hawthorne, Arnold Clark managing director, said: “The John R Weir Group is synonymous with high standards of quality and customer service and we are proud to be welcoming the whole team into the Arnold Clark family.
“We are also proud to be adding Mercedes-Benz to the portfolio of manufacturers we represent and we are confident, together, we will make a great success of this new acquisition.”