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In The News
Article Date: 23 February 2021
Wilson and Co (Kia) Ltd, trading as Drayton Motors has purchased the entire share capital of Victor Wood Group, which operated the Kia dealership in Grantham for an undisclosed sum. This is their third Kia dealership, with Drayton already representing the brand in Boston and Louth.
ASE Chairman, Mike Jones, who brokered the deal and advised the shareholders said “It’s great to see Tim and the remaining shareholders complete the exit they were looking for. It’s been a pleasure working with them on the deal and I’m glad to have helped achieve the final outcome. I wish them all the very best for the future.”
“The Kia business was a natural fit for Robin and the team at Drayton, already holding two representation points with the brand in Lincolnshire. This acquisition will no doubt enable his business go from strength to strength with Kia continuing to establish themselves as a strong and respected brand. I wish Drayton every success”
Tim Griffin, shareholder and Managing Director said “ After nearly 50 years working in our family business that my father-in-law founded in 1949, I feel overdue for retirement! and I wish Robin Wilson and his family every success in taking the business forward. ”
Robin Wilson, Owner and Managing Director of Drayton Motors said “We’re very pleased and excited to welcome the Victor Wood team into the award winning Drayton Motors family and look forward to building on the success of this long established Kia dealership in Grantham. I would like to wish Tim a long and happy retirement.”
Media contact
Mark Junner
ASE Automotive Solutions
T: +44 (0)161 493 1930
E: Mark.Junner@ase-global.com
About ASE Automotive Solutions
ASE Global helps the world’s leading automotive companies to drive profitability, accelerate performance and navigate change. A provider of data-driven insight, solutions and specialist software, ASE works with thousands of motor dealers and all major automotive manufacturers across 66 countries. An industry leader for nearly 45 years, ASE’s team of accountants, analysts, software developers and consultants spans 14 offices worldwide.
