The family-owned Gowan Group, which has been undergoing generational restructuring, is focusing its motor division on wholesale distribution and selling its car retail business to the Bright Motor Group, a rival owner of dealerships in the capital. The companies, which are both among a handful to turn over more than €100 million annually from car sales in Ireland, have notified the deal to the Competition and Consumer Protection Commission, which has until next week to decide whether to clear it or pursue further investigations. Following the publication of an earlier version of this article by The Currency, a spokesperson for…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.