AUTOCANADA INC.

ACQ
Delayed Toronto Stock Exchange - 04:00 2022-11-30 pm EST
26.93 CAD -0.15%

AutoCanada Inc. acquired 4695900 Manitoba Ltd.

09/26/2022 | 12:00am
AutoCanada Inc. (TSX:ACQ) acquired 4695900 Manitoba Ltd on September 22, 2022. The acquired dealership generates in excess of $15 million in annual revenue. The transaction includes the acquisition of the underlying real estate and will be funded from a drawdown of the AutoCanada Inc.'s credit facility. The transaction is expected to be accretive to 2022 earnings.

AutoCanada Inc. (TSX:ACQ) completed the acquisition of 4695900 Manitoba Ltd on September 22, 2022.
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