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Imperial buys four sites from Watts

16th February 2012
Page 8
Page 8, 16th February 2012 — Imperial buys four sites from Watts
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IMPERIAL COMMERCIALS, the largest independent CV dealer group in the UK, has expanded its operation with a share purchase of four sites belonging to Daf Trucks dealer Watts Truck Centre. Sites at Gloucester, Hereford, Worcester and Yate take Imperial Commercials to 30 dealerships across the UK.

Imperial Commercials MD Ian Oakes says Watts is a well-respected Daf and Fiat Professional franchise operation and a great it within Imperial’s existing franchises.

Part of the deal will see Watts build a state-ofthe-art dealership on 2.5 acres at Hempsted Lane, Gloucester for Imperial Commercials over the next two years.

Watts became Imperial’s landlord in March 2011 when it acquired the site from haulier Joseph Rice & Sons, which ceased trading at the same time, three years after Imperial bought the parts and service operation Joseph Rice Truck Services from the transport company.


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