Inchcape moves into Peru, Costa Rica

(Sharecast News) - Auto distributor Inchcape said it had agreed to buy a Volvo business in Peru and Costa Rica, and a Jaguar Land Rover business in Peru, both from Automotores Gildemeister, for an undisclosed sum.

The businesses being acquired generated revenue of £48.7m in FY2025 and will include three aligned retail locations in Peru and two in Costa Rica.

Reporting by Frank Prenesti for Sharecast.com