Who is the owner of Vertu?
EQT VI acquired VERTU, the pioneer of luxury mobile phones, in a carve-out transaction from Nokia in Oct 2012. You get cutting-edge technology wrapped in luxury. While mainstream phones focus on raw performance numbers, Vertu gives you a blend of style, security, and exclusivity. If you want a phone that stands out and feels special, Vertu is the choice for you.Vertu (stylised VERTU) is a manufacturer and retailer of luxury handmade mobile phones, established in 1998 and formerly owned by Finnish mobile phone manufacturer Nokia. Previously located in the UK, ownership of the brand is now contested between two entities located in Hong Kong and France.Key takeaways vertu phones use tough materials like titanium frames and sapphire crystal screens. These materials help vertu phones resist scratches and drops better than iphones. Skilled workers make vertu phones by hand. This gives vertu phones more strength and luxury than iphones, which are made in large factories.First and foremost, the company faced intense competition in the smartphone market, particularly from established players like Apple and Samsung. Additionally, Vertu’s smartphones were criticized for their high price tags, which some felt were not justified by the features and capabilities of the devices.
What was the old name of Vertu Motors?
Bristol Street Motors – an automotive retail brand part of the wider Vertu group – has rebranded to Vertu, signifying an exciting new chapter for its many dealerships across the country. Bristol Street Motors, part of the Vertu group, is rebranding to #Vertu Expect the same great colleagues, cars and customer service – we’re just drawing on the strength of our wider dealership network. With Vertu, we have over 200 dealerships nationwide, representing over 30 of the world’s leading manufacturers.TEAM BRISTOL STREET MOTORS TRANSFORMS INTO TEAM VERTU FOR 2025 BTCC SEASON. After three hugely successful seasons, the Team BRISTOL STREET MOTORS name will evolve into Team VERTU on the British Touring Car Championship grid for the 2025 season.At Vertu Volkswagen we take pride in our ability to meet all your motoring needs. We offer new and Approved Used cars for sale, along with expert servicing and maintenance. Our knowledgeable sales team will be delighted to help you find your next Volkswagen.Formed in 2006, the Group now operates a chain of over 190 franchised dealerships, with locations spanning from Scotland, all the way down to Devon. The Vertu Motors Group operates under the trading name Vertu.
Do Bristol Street Motors own Vertu?
Bristol Street Motors, part of the Vertu group, is rebranding to #Vertu Expect the same great colleagues, cars and customer service – we’re just drawing on the strength of our wider dealership network. With Vertu, we have over 200 dealerships nationwide, representing over 30 of the world’s leading manufacturers. Up to that point, Vertu had operated three separate retail brands but after celebrating its centenary in 2024, the Bristol Street Motors name disappeared from dealerships in April 2025 when they were all rebranded to Vertu; creating one network of dealerships across the country.In 2025, we brought two well-known brand names – Bristol Street Motors in England and Macklin Motors in Scotland—under the Vertu name, uniting over 200 dealerships nationwide.Vertu Motors. Vertu is the fourth largest automotive retailer in the UK, with a network of more than 200 sales outlets, and holds the role of Title Sponsor of the Vertu Trophy – formerly the Bristol Street Motors Trophy. Vertu is also the Official Car Dealer of the EFL.The Vertu Motors Group operates a nationwide chain of over 195 franchised and non-franchised motor dealerships which offer sales, servicing, parts and bodyshop facilities for new and used cars and commercial vehicles.
Who is the founder of Vertu Motors?
Robert Forrester and his team founded the Vertu Motors group in late 2006 through a cash shell float in AIM, which, just three years later, was awarded the ‘Best Use of AIM’ award at the 2009 AIM Awards. Robert Forrester is Chief Executive Officer (CEO) of Vertu Motors plc, one of the UK’s largest automotive retailers.Vertu Motors Dealerships The company primarily operates under the brands of Bristol Street Motors, Macklin Motors, Farnell and, of course, Vertu.In 2025, we brought two well-known brand names – Bristol Street Motors in England and Macklin Motors in Scotland—under the Vertu name, uniting over 200 dealerships nationwide.Vertu Motors plc represents 20 of the world’s leading automobile franchises, selling new and used cars and vans. With over 120 outlets nationwide, Vertu Motors dealerships belong to one of the leading automotive retailers in the UK.
Who is the CEO of Vertu?
Robert Forrester is Chief Executive Officer (CEO) of Vertu Motors plc, one of the UK’s largest automotive retailers. Vertu warns profits will be slashed and jobs axed CEO Robert Forrester urged greater government-industry collaboration to stabilise the automotive market. Despite challenges, aftersales remain strong, and Vertu has announced a £12m share buyback. Following the profit warning, shares fell 6%.By 2017, VERTU went bankrupt. Years of money issues and failure to adapt led to its downfall.