London, 15 April 2024 – Inchcape plc (“Inchcape” or “the Group”) has today agreed the sale of its UK retail operations (“Inchcape UK”) for £346m toGroup 1. The deal marks a major milestone in Inchcape’s consolidation into a distribution-focused business. ...
Inchcape group CEO Duncan Tait said: “We are pleased to have completed the divestment of our UK retail business, which represents a major strategic inflection point for Inchcape, as we deliver on our ambition of becoming the leading distribution partner to our OEM partners around the world. “...
2023 Appointed distributor of Tata vehicles in Thailand 2023 Global strategic partnership with Great Wall Motor, and appointed distributor in Indonesia 2023 Appointed distributor of LDV in New Zealand 2023 New market entry in the Philippines 2024 Sale of UK Retail operations Quick...
Data as of Jan 24 2025. Currency figures normalised to Inchcape PLC's reporting currency: UK Pound GBX 33.43%Per cent of shares held by top holders HolderShares% Held Capital Research & Management Co. (Global Investors)as of 19 Jul 202417.96m4.55% ...
and marketing activities of new vehicles and parts. The Retail segment focuses on the sale of new and used vehicles, together with associated aftersales activities of service, body shop repairs, and parts sales in the UK and Europe. The company was founded in 1811 and is headquartered in Lond...
Inchcape Shipping Services (or “ISS”) is set to embark on a new era of growth after UK-based private equity investment firm Epiris signed an agreement to acquire ownership of the leading global maritime services provider to coincide with its 175th anniversary this year. ...
1: Our UK Retail business has been treated as asset-held-for-sale and a discontinued operation, and has therefore been removed from the current and comparative periods. Our Retail business in Poland has been consolidated within our Distribution segment. ...
We are present on six continents and operate across Asia, Australasia, Central and South America, Africa, Europe and the UK. We employ over 22,000 people worldwide and operate or manage through a third party network of retailers over 1,000 points of sale, as well as a digital sales and...
(UK time) on the date which is not later than 48 hours, excluding non-working days, before the date set for the adjourned General Meeting. (2) Subject to the satisfaction or (if capable of waiver) waiver of the Conditions. (3) This is the date by which the Transaction must be ...
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