Announced
Completed
Financials
Sources
Tags
United States
Friendly
Completed
Single Bidder
Acquisition
Private
car dealership
United Kingdom
Auto Services
Cross Border
Majority
Synopsis
Inchcape, a global automotive distributor, completed the acquisition of Interamericana Trading and Simpson Motors, two car dealerships. Financial terms were not disclosed. The acquisition expands Inchcape’s global footprint with entry into the Caribbean, further building on its presence in the Americas. The addition of ITC and Simpson Motors strengthens the croup’s geographic reach with Suzuki, Mercedes-Benz and Subaru, and broadens its OEM relationships, with the addition of Chrysler to its list of brand partners.
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