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Ryland Group

Ryland Group has acquired the Jeep dealership in Sutton Coldfield from All Electric for undisclosed terms.

Ryland is planning to re-enter the contract hire market by setting up a nationwide operation offering specialist and luxury cars.

Ryland, the car dealership, is planning a £46m management buy-out with financial backing from Barclays.

Ryland has sold its Peugeot dealership in Stoke-on-Trent to Greenhous Group for £2.3m.

Ryland has sold its Mercedes-Benz van operations in Stockton-on-Tees and Spennymoor to Bell Truck Sales for £0.6m.

Ryland has sold its Fiat-Alfa Romeo dealerships in Oldbury and Stourbridge to Arnold Clark Automobiles for £1.3m.

Ryland has reorganised its Mercedes-Benz business by acquiring a dealership in Sunderland from JA62 for £1.8m and a dealership in Carlisle from Eden Bridge Carriage for £1.4m, while its Oxford dealership has been sold to Gerard Mann for £2.7m.

Ryland has sold its DAF/LDV operations in Preston and Edinburgh to Lawrence Vehicles for £4.2m.

Ryland is acquiring a Volvo dealership in Liverpool from Drayton Motors for £1.1m and a Mercedes-Benz dealership in Newcastle from Cragside for £1.5m.

Ryland Group is planning a £0.5m expansion at its Rybrook Jaguar car dealership in Chester, with the creation of 20 jobs.

Ryland Group has sold its Renault dealerships in Warwick, Rugby and Coventry to Sutton Park Motor for £1.6m.

Ryland has acquired the E Ward Ford dealerships in Corby and Kettering for £1.4m.

Ryland Group is buying Corner Coventry, the Ford dealership, out of receivership for £1.6m.

Ryland Group is to sell a 75% stake in its car leasing operation to a subsidiary of Paribas, the French bank, for £19m, and is close to completing the £7.5m acquisition of Wyndham, the Welsh car dealership.