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Birmingham Post
Birmingham Post
Business
Jon Robinson

WeBuyAnyCar.com and Cinch owner buys major stake in dealership giant Lookers

Lookers Cinch

The owner of WeBuyAnyCar.com and Cinch has acquired an almost 20% stake in dealership chain Lookers.

Constellation Automotive Holdings has snapped up a 19.9% holding in the Greater Manchester-headquartered listed company.

The majority of the shares were purchased at a price of 102p each from Tony Bramall (and associates), who stepped down as a non-executive director from the Lookers board in December 2020 after a term of 14 years.

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