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SHORT HAULS
1st October 1976, Page 31
1st October 1976
Page 31
Page 31, 1st October 1976
— SHORT HAULS
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Take-over
WADHAM STRINGER have reached agreement for the acquisition of the entire share capital of Hebden Knee Motors Ltd, Rover and Triumph distributors and dealers for West Wiltshire.
The purchase price is £261,000 but this is settled with the issue of 265,000 Wadham Stringer Limited ordinary shares with a cash payment of £155,000.
Control of the Hebden Knee company will mean Wadham Stringer can consolidate their position in West Wiltshire.