H&H Automotive has acquired Markel Automotive Group, a dealer of luxury car brands.
Steve Hinchcliff, president and chief executive of H&H Automotive, confirmed the sale. Tim Markel, the dealership’s former owner, said the change of ownership went into effect Wednesday afternoon.
The Markel Group’s four luxury brands — BMW, Land Rover, Jaguar and Mini Cooper — will continue to be sold at the dealership’s Westroads location.
Staff at the newly acquired dealership on Wednesday were answering the phone as “BMW, Mini Cooper, Jaguar and Land Rover.”
Hinchcliff said H&H Automotive’s name will “probably be on the doors, but the operating names will be BMW of Omaha, Mini Cooper of Omaha, Jaguar of Omaha, Land Rover of Omaha.”
Hinchcliff, who co-owns H&H Chevrolet and H&H Kia with son Jeff Hinchcliff, said Tim Markel approached him about purchasing the dealership. Markel has been running the dealership — which had been in his family for three generations — since 1972.
“Tim was at an age where he wanted to take a different course in business ... and we were a match,” Steve Hinchcliff said. “The culture of our stores closely coincides with his way of doing business. We’re both concerned about customers and the care of our employees.”
Hinchcliff said he hopes to retain the entire Markel staff. He wouldn’t disclose the terms of the deal.
H&H Chevrolet Kia has been in business for more than 80 years. Its H&H Chevrolet and Kia dealerships are at 84th and L Streets and 84th and F Streets, respectively.
H&H Automotive also is in the process of opening a second Kia dealership — Village Pointe Kia near Village Pointe Shopping Center.
Hinchcliff said the BMW, Land Rover, Jaguar and Mini Cooper dealership at Westroads will undergo significant renovations in 2017.
The Markel Auto Group has had a long-standing presence in the region, celebrating its 100th year in business in 2009.
Founder John H. Markel Sr. was a friend of Henry Ford. In 1907, he became the official Ford dealer for 17 southeast Nebraska counties.
In 1968, son John Markel Jr. moved the dealership that he had opened in Omaha in 1936 to its current Westroads location.
Tim Markel added BMW after taking over the dealership.
In 2005, Markel sold the Ford franchise to focus solely on BMW, Jaguar and Land Rover. In 2007, the Markel Group added a Mini Cooper dealership.