The Jacksons company, with its headquarters in Jersey, employs 500 staff. 

The transaction has been submitted to the Jersey Competition Regulatory Authority (JCRA) and is expected to be completed by the end of July.

Pictured: The sale covers the Jacksons and Motor Mall business in Guernsey.

Paul Collier, CEO of Jacksons said the deal is good news for the local businesses.

“I'm delighted to announce the agreement with Van Mossel. We have been negotiating for a significant period of time and I'm confident that their investment and expertise will further enhance our performance and service offerings. Van Mossel is a leading automotive group in Europe and a significant reinforcement of our operations. I look forward to working with them to future-proof the business on the islands. All employees will be retained to facilitate the growth of this unique company. Moreover, the proven concept of Van Mossel allows us to offer our customers more services under one roof in the future. A win-win situation.”

Eric Berkhof, Managing Director of Van Mossel Automotive Group is also pleased with the deal.

“The acquisition of the Jacksons Group is another step in the ongoing evolution of Van Mossel Automotive Group. Paul and the team have built a great business on the islands where they operate. We believe that we can further enhance it by investing more in facilities and product offerings, so that island customers can benefit from competitive offerings within the automotive sector.”