Page 5 - Simpson Group News Today

Simpson Motors, which was founded by businessman Sir Kyffin Simpson 50 years ago, has been acquired by global automotive distributor Inchcape. In a statement released by Inchcape, Sir Kyffin, founder of Simpson Group, said: “In the 50th anniversary year of our group’s foundation, I am delighted that Inchcape, a global business built on a strong foundation of heritage and values, will take Simpson Motors and ITC into the future.

Inchcape, the leading global automotive distributor, has completed the acquisition of the ITC Group, owner of Interamericana Trading Corporation (ITC) and Simpson Motors from the Simpson Group. The acquisition expands Inchcape's global footprint w

Inchcape expanding into the Caribbean with ITC and Simpson Motors

Inchcape has expanded into the Caribbean after buying Interamericana Trading Corporation and Simpson Motors from the Simpson Group. Completion of the deal

Inchcape expands its distribution footprint into the Caribbean

LONDON (dpa-AFX) - Inchcape Plc, (INCH.L), an automotive distributor, said on Tuesday that it agreed to acquire Interamericana Trading Corporation or ITC and Simpson Motors from the Simpson Group.

One of Barbados’ most successful businesses, the Simpson Motors Group is teaming up with an international automotive distributor to embark on a new path.On Monday, founder of Simpson Motors, Sir Kyffin Simpson announced the merger of the well known local dealership, its regional automotive distribution arm, ITC, and British multinational auto company, Inchcape.Describing the venture as a “business combination”, Sir Kyffin said the move was critical to what he termed “the next chapter”....

Over Nov. 15-19, the divisions second 2021 Supplier Summit virtually reunited over 700 participants from member and supplier organizations.

The 191 named companies failed to pay £2.1 million to over 34,000 workers.