Peter Warren Automotive to acquire Wakeling Automotive in $28 million deal
SYDNEY – Australian automotive dealership group Peter Warren Automotive Holdings Limited (ASX: PWR) announced Friday it has agreed to acquire Wakeling Automotive, a family-owned multi-franchise dealership group based in Macarthur, New South Wales. The strategic acquisition, valued at approximately $28 million, will add 30 dealerships representing 16 brands to Peter Warren’s portfolio. Brands include Hyundai,…