Eagers Automotive to acquire CanadaOne Auto for A$1.043bn.

Eagers Automotive, a global automotive retail group, agreed to acquire CanadaOne Auto, a multi-location automobile dealership group, for A$1.043bn. "This partnership unites Eagers' global automotive retail expertise and capital strength with CanadaOne's award-winning operational excellence and deep local market relationships, creating one of the most dynamic growth platforms in the Canadian automotive sector," Pat Priestner, CanadaOne CEO.