Announced

Completed

Arnold Clark completed the acquisition of Central Car Auctions.

Synopsis

Arnold Clark, a car dealer, completed the acquisition of Central Car Auctions, a car auction. Financial terms were not disclosed. “We’re probably buying around 50k cars a year with Sell My Car and that’s getting too much to turn at the rapid rate that we want. Acquiring Central Car Auctions is part of a strategy that allows us that end-to-end remarketing capability and we’re looking to grow that in England with new sites, which may be physical or digital," Eddie Hawthorne, Arnold Clark CEO.

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MergerLinks - Arnold Clark completed the acquisition of Central Car Auctions.