31 October 2022
Dusseldorp Automotive has reached an agreement with AutoBinck Group regarding the acquisition of the VMD Groep's BMW and MINI businesses in Assen and Groningen, along with the Service location in Nieuwe Pekela.
VMD Groep has been part of the family company AutoBinck Group since 2014. “Joining Dusseldorp Automotive offers a guarantee for the future of VMD Groep and certainty for its employees. What's more, Dusseldorp has sufficient size to allow them to continue innovating,” says Niek Hertsenberg, CEO of AutoBinck Car Distribution & Retail (ACDR), which includes VMD Groep. “We are the largest BMW dealer in Slovakia. The sale of VMD Groep is therefore an isolated event.” Martijn Koning, member of the Executive Board at AutoBinck Group, had the following to say: “The decision to sell VMD Groep is also in keeping with the course AutoBinck has charted for itself in the Netherlands, which includes increasingly broad investments in mobility and energy.”
Dusseldorp Automotive was founded in 1959, when it opened the first BMW dealership in the Netherlands in Apeldoorn. In the years that followed, the company established branch locations in Deventer, Hoogeveen, Zwolle, Alkmaar, Hoorn, Oostzaan and The Hague. With the branch locations in Assen and Groningen and the Service location in Nieuwe Pekela, Dusseldorp Automotive is now further expanding its sales area in the Northern Netherlands. Since 2019, the portfolio has included not only BMW and MINI but BMW Motorrad as well, and as of 2021, Dusseldorp Automotive is the exclusive representative for ALPINA in the Netherlands.
Richard Dusseldorp, General Manager of Dusseldorp Automotive, says: “Their strong local ties and focus on customer satisfaction make the DNA of the VMD companies a perfect fit for our organisation. With this acquisition, we are equipped to continue our growth in the premium segment, as well as maintain our strong position in a changing market, both now and in the future.”
Anne Brons, CEO of BMW Group Netherlands, adds: “This acquisition is in line with our network strategy, which is aimed at consolidation and scaling up. More importantly, this step will safeguard the current premium customer experience.”
The sale is conditional pending approval by the Netherlands Authority for Consumers and Markets (ACM); once approval is obtained, the VMD Groep will retroactively become part of Dusseldorp Automotive as of 1 January. The intended transaction is expected to be completed this quarter.
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