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Automotive Group Holdings Ltd Announces Acquisition Of Victorian Dealerships

Friday, 15 Feb 2013 03:32am EST 

Automotive Group Holdings Ltd announced its acquisition of the Bayside and Peninsula Groups on the Mornington Peninsula. The Bayside Automotive Group comprises Nissan, Suzuki and Chrysler Jeep Dodge dealerships in Frankston, while the Peninsula Group delivers Nissan and CJD dealerships at Mornington. The sale and purchase contracts have been signed on usual commercial terms with completion scheduled in Q4 FY2013 subject to certain conditions precedent including manufacturer approvals. 

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0.04 +1.02%
26 Nov 2014