Steven Eagell expands with Toyota

Milton Keynes based dealer group Steven Eagell has bought Toyota dealership Hills of Letchworth for an undisclosed sum. The acquisition increases the company’s portfolio to eight Toyota dealerships, with representation also in Milton Keynes, Northampton, Luton, Aylesbury, Bedford, St. Albans and Watford. Managing director Steven Eagell said: “I am delighted with the acquisition of Hills of Letchworth as it fits very well with the group’s contiguous market area. “I regard the Letchworth and Stevenage areas as good markets with lots of potential and am looking forward to working with the team there. “We have an excellent formula with Toyota, through a very strong organically grown management team, good internal processes and a great manufacturer relationship. “I have no doubt we will be able to seamlessly integrate the new business into our group and it will perform at the same high level as the rest…