Aramis Group Acquires Remaining 40% Stake in UK Subsidiary Motordepot Ltd for £30 Million

Reuters

2025/07/24

Aramis Group Acquires Remaining 40% Stake in UK Subsidiary Motordepot Ltd for £30 Million

Aramis Group SA has announced the acquisition of the remaining 40% stake in its UK subsidiary, Motordepot Ltd, from the founder of CarSupermarket.com for £30 million. This transaction is expected to be completed by January 2026, which includes the payment and transfer of shares. This acquisition aligns the UK operations more closely with the Group's overall priorities, following the founder's resignation as director. The move is seen as a strategic step to streamline governance and enhance alignment with Aramis Group's objectives, despite the slower growth anticipated for the latter half of fiscal year 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aramis Group SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001119599-en) on July 24, 2025, and is solely responsible for the information contained therein.

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ID: GNW1001119599-en) on July 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B64PRP62.GBP","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (GBP) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250724:nNDLhHszW:1","article_id":"2553378121","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553378121","pubTimestamp":1753372275,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Aramis Group SA has announced the acquisition of the remaining 40% stake in its UK subsidiary, Motordepot Ltd, from the founder of CarSupermarket.com for 30 million. 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