Stay updated with breaking news from Simpson Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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”.The veteran businessman provided no details about the deal and leading local economist, Jeremy Steph...
Over Nov. 15-19, the division's 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.