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Announced

Inchcape to acquire the Colombian distribution operations of Mercedes-Benz.

Synopsis

Car dealer Inchcape is set to acquire the Columbian dealership of passenger cars and private vans of Daimler. Financial terms were not disclosed. The acquisition will add to its Subari, Hino, and JLR operations in the country, and enhance the group's Latin American platform which represents the BMW, Mercedes-Benz, Hino, Subaru, Suzuki and JLR brands, Freightliner and Fuso in eight markets across the region.

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