Alvia Asset Partners has finalized the acquisition of a majority stake in The Automotive Group (TAG). The transaction was supported by legal advice from Maddocks. Details regarding the terms of the deal were not disclosed.
The acquisition marks a significant development for both parties as Alvia Asset Partners expands its investment portfolio in the automotive sector. TAG will continue its operations under the new ownership structure.
**Why this matters**
This acquisition highlights ongoing investment interest in the automotive industry, reflecting confidence in the sector’s growth potential. It also positions Alvia Asset Partners to influence TAG’s strategic direction and future development.
Source: NewsData