Van Mossel Automotive acquired a 50% stake in VKV Groep.

Van Mossel Automotive, which operates over 100 dealerships in four countries, acquired a 50% stake in VKV Groep. Financial terms were not disclosed. In order to further grow revenues and profits in line with VM’s strategy for the Netherlands, VM has decided to acquire the shares of VKV Group in a phased acquisition. The proposed acquisition will increase the portfolio of car brands sold by VM with Renault, Dacia, Nissan and Infiniti.