Carcraft
Encyclopedia
Carcraft is an independent group of used car hypermarkets established in 1951 in Rochdale
, Greater Manchester
, England
. Carcraft was founded by Frank Jacob McKee and was bought out by Noel and Darren McKee, his sons, in a £50 million deal backed by the Royal Bank of Scotland
's Development Capital arm. Later it was given to Olivia and Thomas McKee, Noel McKee's daughter and son.
In 1998 Carcraft paid £10 million for a car supermarket from Car Group while Car Group was in receivership.
In December 2005 Carcraft became the first independent second-hand vehicle retailer to create and found a contract hire car company.
Other parts of the group include
Rochdale
Rochdale is a large market town in Greater Manchester, England. It lies amongst the foothills of the Pennines on the River Roch, north-northwest of Oldham, and north-northeast of the city of Manchester. Rochdale is surrounded by several smaller settlements which together form the Metropolitan...
, Greater Manchester
Greater Manchester
Greater Manchester is a metropolitan county in North West England, with a population of 2.6 million. It encompasses one of the largest metropolitan areas in the United Kingdom and comprises ten metropolitan boroughs: Bolton, Bury, Oldham, Rochdale, Stockport, Tameside, Trafford, Wigan, and the...
, England
England
England is a country that is part of the United Kingdom. It shares land borders with Scotland to the north and Wales to the west; the Irish Sea is to the north west, the Celtic Sea to the south west, with the North Sea to the east and the English Channel to the south separating it from continental...
. Carcraft was founded by Frank Jacob McKee and was bought out by Noel and Darren McKee, his sons, in a £50 million deal backed by the Royal Bank of Scotland
Royal Bank of Scotland
The Royal Bank of Scotland Group is a British banking and insurance holding company in which the UK Government holds an 84% stake. This stake is held and managed through UK Financial Investments Limited, whose voting rights are limited to 75% in order for the bank to retain its listing on the...
's Development Capital arm. Later it was given to Olivia and Thomas McKee, Noel McKee's daughter and son.
In 1998 Carcraft paid £10 million for a car supermarket from Car Group while Car Group was in receivership.
In December 2005 Carcraft became the first independent second-hand vehicle retailer to create and found a contract hire car company.
UK Car Group
Carcraft is a part of UK Car Group which is wholly owned by Noel and Darren McKee.Other parts of the group include
- Carcraft
- All in One Leasing
- carland.com,
- Carcraft Motorstores,
- Ucan Car Credit; and
- Carcraft Service Centres