Peter Vardy Group has sold its remaining Porsche Centres to Van Mossel Automotive Group, while CarMoney becomes part of the ITOCHU Group.
With the addition of Porsche Centre Perth and Porsche Centre Aberdeen, the group will add two Porsche Centres and two Porsche Service Centres to its international network.
Eric Berkhof, CEO Van Mossel Automotive Group: “With Porsche Centre Perth and Porsche Centre Aberdeen, we are adding two strong Porsche locations to our international network. This step fits well with our strategy to further expand our presence in the United Kingdom.
“We look forward to working together with the team in Perth and Aberdeen to further develop the activities and to continue offering Porsche customers in the region a high-quality brand experience.”
In 2025, 1,623 vehicles were sold through both locations, including 512 new and 1,111 used. The organisation employs 93 staff members and generated revenue of €141.35 million in 2025.
The transaction is subject to regulatory approval from the FCA, with completion expected in the coming weeks.
Peter Vardy, CEO, Peter Vardy Global: “I am extremely proud of the business we have built and the success we have enjoyed with Porsche over the years. It has been a pleasure to develop two brand-new purpose-built Porsche dealerships in Aberdeen and Perth, and two new Service centres to support the expanding number of Porsche cars on the roads today.
“The Porsche brand has an exciting future ahead, our colleagues have new opportunities, and I am confident that the transition to Van Mossel will continue to see the business deliver exceptional customer experiences and a strong financial performance.”
ITOCHU Corporation has acquired CarMoney, with existing management remaining in place.
Alastair Grier, CEO of CarMoney, said: “CarMoney has grown quickly by building a strong team and a scalable franchise model.
“With ITOCHU as a long-term owner, we are well positioned to accelerate growth, invest further in the business and create additional jobs in Scotland, while continuing to deliver for our customers, partners and franchisees.”
The group said its long-standing purpose of selling to give would remain central as it pivots from retail operations towards investment and growth businesses across technology, fintech and mobility.
