Inchcape Plc to acquire Iceland’s leading automotive distributor Askja
LONDON: Inchcape plc, the global automotive distribution group, said Tuesday it has agreed to acquire Askja, Iceland’s leading automotive distributor, marking its entry into a new regional market. The deal includes Askja and affiliated businesses, and is expected to close in the third quarter of 2025, pending customary conditions and regulatory approval. Inchcape said the…