Inchcape agrees to acquire Autolider, a distributor of Daimler brands, for £47mn
LONDON: Inchcape plc has agreed to acquire Autolider, a distributor of Daimler brands, for £47 million. The enterprise value of £47 million represents a multiple of c.8.5x on 2018 EBIT. Completion is expected in Q4 and will therefore contribute minimal…