ASG completes acquisition of Mercedes-Benz Canberra
Autosports Group Limited today announces the completion of the acquisition of Mercedes-Benz Canberra.CEO of Autosports Group, Nick Pagent said: “We are delighted to complete the acquisition of Mercedes-Benz Canberra and thank Mercedes-Benz Australia for their support and collaboration throughout this transaction. This strategic acquisition enhances our luxury brand portfolio in the Australian Capital Territory and builds upon the accelerating opportunities for deeper collaboration with Mercedes-Benz outlined in our FY25 results.”
Autosport Group confirms that it expects to complete the purchase of the 8,088 square metre site at 158 Melrose Drive, Phillip, ACT in October 2026.
Mercedes-Benz Canberra, a new era begins.
#MercedesBenz #Canberra #AutosportsGroup #DriveEndlessPossibilities
