Monday, December 18, 2006
Inchcape to weed-out EMH's unwanted brands
INCHCAPE, which offered £263m for smaller rival European Motor Holdings on Friday, will be looking for more acquisitions of the right brands in the right regions, said the company.
The group's main target is the luxury car market, the fastest growing sector in the industry, said Chief executive Andre Lacroix.
"The EMH deal increases our share of the UK premium market from 5.4% to 8.4% and there are plenty of future opportunities."
DATED: 18.12.06
FEED: AW
The group's main target is the luxury car market, the fastest growing sector in the industry, said Chief executive Andre Lacroix.
"The EMH deal increases our share of the UK premium market from 5.4% to 8.4% and there are plenty of future opportunities."
DATED: 18.12.06
FEED: AW
