In a move to bolster its footprint on Australia’s east coast, luxury car retailer Autosports Group (ASX: ASG) has today announced its plans to acquire four dealerships and a body shop for $60 million in Queensland.
If successful, the deal will see the group acquire the business and assets of Motorline BMW, Motorline MINI, Motorline Bodyshop, Gold Coast BMW and Gold Coast MINI, which collectively generated $261 million in revenue for FY22 and a net profit before tax of…
Comments are closed