Autosports spends $9M for Trivett Alexandria
Autosports spends $9M for Trivett Alexandria
Autosports Group has bought Trivett in Alexandria for around $9 million
Trivett Alexandia is made up of six luxury and super lux car dealerships
The brands represented are Jaguar, Land Rover, Rolls Royce, McLaren, Bentley and Aston Martin.
In the last financial year, Trivett Alexandria made $200 million in revenue.
Autosports Group is up 7.98 per cent, trading for $1.76 per share at 13:19 AEDT
Autosports has signed a $9 million agreement to buy rival automotive dealership Trivett in Alexandria.
Trivett Alexandria sells six luxury and super luxury brands, meaning Autosport Group, which represents the likes of Lamborghini and Mercedes-Benz, will now have Jaguar, Land Rover, Rolls Royce, McLaren, Bentley and Aston Martin cars in its showrooms.
Autosports Group is Australia's largest prestige and luxury automotive dealership group, with 37 retailers in Sydney, …
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