Lookers PLC is a motor retail company engaged in the sale, hire and maintenance of motor vehicles and motorcycles, including the sale of tires, oil, parts and accessories. As at December 31, 2007, the Company was organized into three main business segments: franchised businesses, used car supermarkets and parts distribution. On May 17, 2007, the Company acquired BTN Turbo Charger Service Limited. On August 29, 2007, it acquired certain assets from the Administrator of Dixons Motor Group. On October 26, 2007, the Company acquired Dutton Forshaw Group Limited, the motor retail division of Lloyds TSB Asset Finance Division.