Shawbrook Group to acquire motor finance lender, JBR Auto Holdings

LONDON: Shawbrook Group plc has signed an agreement to acquire JBR Auto Holdings Limited (JBR), a UK specialist motor finance lender focused on high-end vehicles. Subject to satisfaction of the conditions precedent to the acquisition, completion is expected to take place in Q3 2024. The acquisition not only broadens Shawbrook’s offering within the regulated motor…