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. How...
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...
JPMorgan Asset Management (UK) Ltd.as of 04 Mar 2024 20.19m 5.02% Capital Research & Management Co. (Global Investors)as of 19 Jul 2024 17.96m 4.47% M&G Investment Management Ltd.as of 02 Dec 2024 17.44m 4.34% Fidelity Management & Research Co. LLCas of 03 Dec 2024 16.01m 3.98% The...
Inchcape Closes UK Retail Operations SaleAug. 01MT Inchcape plc announces an Equity Buyback for 41,300,713 shares, representing 10% of its issued share capital.Aug. 01CI Group 1 Automotive, Inc. completed the acquisition of Inchcape U.K. Dealerships from Inchcape plc.Jul. 31CI ...
Inchcape Closes UK Retail Operations SaleAug. 01MT Inchcape plc announces an Equity Buyback for 41,300,713 shares, representing 10% of its issued share capital.Aug. 01CI Group 1 Automotive, Inc. completed the acquisition of Inchcape U.K. Dealerships from Inchcape plc.Jul. 31CI ...
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. ...
(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 ...
During the year we witnessed strong growth momentum for luxury and premium vehicles in Asia Pacific and the Emerging Markets, although consumer confidence weakened further in the more mature and developed economies of the UK and Europe. However in the UK, we benefited from our position in the ...
South Asia In Singapore and Brunei, Inchcape distributes for multiple brand partners and owns and operates all of the retail network. United Kingdom Inchcape operates a scale Retail business in the UK with premium brand partners in key regions together with a fleet leasing business. Emerging ...