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  6. Inchcape Acquires Baltic Motors

M&A Deal Summary

Inchcape Acquires Baltic Motors

On July 24, 2007, Inchcape acquired retailer Baltic Motors

Acquisition Highlights
  • This is Inchcape’s 1st transaction in the Retail sector.
  • This is Inchcape’s 1st transaction in the United States.
  • This is Inchcape’s 1st transaction in Michigan.

M&A Deal Summary
Date 2007-07-24
Target Baltic Motors
Sector Retail
Buyer(s) Inchcape
Deal Type Add-on Acquisition

Target

Baltic Motors

Farmington, Michigan, United States
Baltic Motors Corp. is a U.S. company focused on the importation and sale of Ford and Land Rover vehicles and parts throughout Latvia.

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Buyer(S) 1

Buyer

Inchcape

London, United Kingdom
Category Company
Founded 1847
Sector Distribution
Employees17,588
Revenue 9.3B GBP (2024)
DESCRIPTION

Inchcape is an automotive distributor and retailer. Inchcape was founded in 1847 and is based in London, England.

DEAL STATS #
Overall 1 of 2
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 Intertek

London, United Kingdom

Intertek provides global testing, inspection, and certification services. The Company provides 24/7 mission-critical quality assurance solutions to our clients to ensure that they can operate with well-functioning supply chains in each of their operations. Intertek was founded in 1885 and is based in London, England.

Sell £370M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 Inchcape Retail - Leeds Jaguar

United Kingdom

Inchcape Retail - Leeds Jaguar comprises automotive retail operations and is located in the United Kingdom.

Sell -
Mergr

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