Announced
Synopsis
Autosports Group, an automotive company, agreed to acquire motorline and gold coast businesses of BMW, a car manufacturer for $60m. “Having only recently expanded our partnership with BMW Group in New Zealand with our acquisition of Auckland City BMW, securing the Motorline and Gold Coast BMW/MINI dealerships, scales up our representation of BMW and MINI. The transaction aligns with our strategy of representing luxury brands in key metropolitan areas,” Nick Pagent, Autosports Group CEO.
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