Angal to acquire center in Valencia from Mercedes-Benz Retail.

Angal agreed to acquire center in Valencia from Mercedes-Benz Retail, a producer of consumer luxury vehicles and commercial vehicles. Financial terms were not disclosed. "This agreement will allow continuity to the years of leadership of the Mercedes-Benz brand in Valencia. We are convinced that with the high business quality of the Angal Group, a partner already known to us and in which we have great confidence, our customers will be in the best possible hands," Roland Schell, Mercedes-Benz President Iberia.