Connolly Motor Group has agreed to acquire the assets of J.J. Reid Motors subject to approval of the Competition and Consumer Protection Commission.
Connolly Motor Group says that the acquisition of the Volkswagen dealership in Donegal, if approved, will continues its strategic expansion. and would increase the number of full-time employees at Connolly Motor Group to almost 300.
The company anticipates that it would grow staff numbers in Letterkenny from 12 to 21 as it builds on its investment.
J.J. Reid Motors started in 1962, as a filling station in Stranorlar, Co. Donegal. Joining the Volkswagen Group as its Service Dealer in 1963, the company was then appointed main dealer for north Donegal in 1964.
Connolly Motor Group already runs Volkswagen dealerships in Ballina and Sligo as well as Audi dealerships in Galway, Ballina and Sligo and it is set to open a new Seat dealership in Sligo.
It is has Connolly’s Mercedes-Benz dealerships in Sligo and Galway.