WebJan 17, 2024 · Inchcape will power CATS to the next step in its journey, bringing global scale across more than 40 markets, leadership in digital and data and EV expertise to the fast … WebJan 18, 2024 · Inchcape is the foreign multi-brand distributor that’s set to buy into the CATS Group of Companies. The two will have a press conference announcing their formal agreement for a joint-venture partnership today at 10 am. Inchcape is a publicly-listed UK-based company with 175 years of experience in trading and particularly motor vehicle ...
Expansion into the Philippines - Inchcape
WebNov 28, 2024 · Derco Acquisition Documents. Circular and Notice of General Meeting - 28 November 2024. Interim financial information. Articles of Association. Annual Report 2024. Annual Report 2024. Annual Report 2024. Form of Proxy. Deloitte Report on the Pro Forma Financial Information. WebJan 18, 2024 · Ruslan Kinebas, Inchcape’s chief executive for Asia-Pacific, said the joint venture would be able to effectively compete in the EV market in the Philippines, given its portfolio of OEMs (original equipment manufacturer). Inchcape on Tuesday announced that had signed an agreement to acquire a controlling stake in CATS. philosopher\\u0027s np
Inchcape APAC Acquisition – Company Announcement - FT.com
WebJan 17, 2024 · London-based listed company Inchcape plc is acquiring 60 percent of CATS Group of Companies, the local distributor of leading luxury automotive brands in the … WebJan 19, 2024 · Inchcape has acquired 60% of CATS, while the remaining 40% is retained to the Group’s founder, the Ang family. The joint venture agreement was officially announced at a press conference held at Mercedes-Benz BGC Showroom in Taguig City on Wednesday, January 18. CATS Group of Companies was established by Felix Ang in 1989 as a one … WebJan 18, 2024 · Inchcape is eyeing for around P8 billion in annual revenue from the CATS Group of Companies. In a statement, CATS said that the deal — expected to be closed … philosopher\\u0027s nr