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Peugeot acquisition to CPC

15/05/2012 11:02
The Commission for the Protection of Competition was notified by Demstar on the acquisition of Peugeot.

According to an announcement, the Service of the Commission was notified by Demstar Automotive Ltd on the acquisition of the business activity for the representation and trade of Peugeot cars and motorcycles and PIAGGIO and GILERA motorcycles from MPM Eurocars Ltd.

Demstar Automotive Ltd is actively involved in the import and trade of cars, motorcycles, outboard motors and spare parts of manufacturing company Honda, the operation of repair and maintenance stations and the import and trade of yachts.

MPM Eurocars Ltd is engaged in the import and trade of automobile and motorcycle of Peugeot, the import and trade of motorcycle maker Piaggio and Gilera and the operation of repair and maintenance stations.