Changes for page Inchcape
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... ... @@ -140,7 +140,7 @@ 140 140 141 141 This acquisition represents Inchcape’s 12th Distribution business win since 2016 and highlights the compelling proposition Inchcape can provide to OEM partners. It follows the Retail-only disposals announced this year which will generate c.£250m of proceeds on completion. The focus on our core Distribution capabilities and the disciplined allocation of capital are consistent with Inchcape’s strategy of long-term sustainable growth. 142 142 143 -Earlier on November 7, 2019 Inchcape plc has acquire Autolider, a distributor of Daimler brands, for £47m. Autolider is the distributor of Mercedes-Benz passenger and commercial vehicles in both Uruguay and Ecuador. Autolider is also the distributor of Daimler’s Freightliner and Fuso brands in Uruguay. 143 +Earlier on November 7, 2019 Inchcape plc has acquire Autolider, a distributor of Daimler brands, for £47m. Autolider is the distributor of Mercedes-Benz passenger and commercial vehicles in both Uruguay and Ecuador. Autolider is also the distributor of Daimler’s Freightliner and Fuso brands in Uruguay.{{footnote}}https://www.inchcape.com/en/investors-and-media/news/inchcape-news/2019/acquisition-of-mercedes-benz-distributor-in-uruguay-and-ecuador.html{{/footnote}} 144 144 145 145 Transaction highlights 146 146