Announced
Financials
Sources
Tags
Auto Services
Pending
Domestic
Majority
Brazil
Private
Friendly
car dealership
Acquisition
Single Bidder
Synopsis
Simpar, a passenger car rental holding company, agreed to acquire Hamsi Empreendimentos, a provider of dealership operations of Volkswagen, Peugeot and Citröen, for $24m. The Transaction with Grupo Green has the following highlights: maintenance of the independence of the Green Group stores, with the same management, operation and sales structure performed by each of its brands and by its people with extensive expertise in the automotive segment and excellence in service, providing the best experience to their customers.
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