Monday, June 11, 2007
Inchcape acquires Latvia business for £60m
INCHCAPE PLC is paying £60.5m for Baltic Motors in Latvia.
Baltic Motors represents Ford, BMW and Land Rover in Latvia. Its main business is based in the Latvian capital, Riga, with additional dealerships in the regional cities of Liepaja and Ventspils.
Inchcape already has distribution of Land Rover in the region and also retails BMW, Jaguar and Mazda and is the exclusive distributor and retailer of Ford in Latvia.
DATED: 11.06.07
FEED: AW
Baltic Motors represents Ford, BMW and Land Rover in Latvia. Its main business is based in the Latvian capital, Riga, with additional dealerships in the regional cities of Liepaja and Ventspils.
Inchcape already has distribution of Land Rover in the region and also retails BMW, Jaguar and Mazda and is the exclusive distributor and retailer of Ford in Latvia.
DATED: 11.06.07
FEED: AW
