Lookers PLC (LOOK)

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Company Description

Lookers PLC was incorporated on September 26, 1910. The Company operates as an automotive retailer & distribution company. The Company along with its subsidiaries offers sale, after sale services, leasing, spare parts & related accessories of branded motor vehicles, motorcycles and agricultural machinery. The Company operates through two distinct divisions, the motor division and the parts division. The motor division consists of 119 franchised dealerships representing 32 marques from 70 locations. The parts division operates in the independent aftermarket sector of the UK motor retail market, through three distinct operating companies which supply automotive parts to the independent automotive aftermarket, where it operates from 22 locations, providing a national network to cover the whole of the UK Locations. Aftersales represents the servicing, repair and sale of franchised parts to customers' vehicles. The parts distribution division operates through three companies, FPS, Apec Braking and BTN Turbo, each supplying hard parts to the independent aftermarket sector and others divisions consists of Charles Hurst Tyres Distribution, Fleet Financial, Lookers Leasing, Platts Harris (Agriculture) and Vehicle Rental Services...

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