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.