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Scottish Motor Auctions bought by consortium

Scottish Motor Auctions (SMA), Scotland's largest motor auction group, has been bought in a multi-million-pound deal by a consortium of investors led by car finance specialists Bob Anderson and Kevin Bann.

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PAUL ROGERSON, City Editor

Scottish Motor Auctions (SMA), Scotland's largest motor auction group, has been bought in a multi-million-pound deal by a consortium of investors led by car finance specialists Bob Anderson and Kevin Bann.