The Car and Truck Fleet and Leasing Management Magazine

South Africa's Imperial Holdings Acquires UK Dealer Group

August 31, 2017

South Africa’s Imperial Holdings has acquired Pentagon Motor Holdings, which operates 21 retail dealerships in the UK, for $36.97 in its effort to expand beyond its home market, according to Reuters.

The acquisition was effective after South Africa’s Imperial Holdings’ vehicle division, Motus, indirectly acquired Pentagon. South Africa’s Imperial Holdings, which is known for selling imported vehicles as well as running a car rental agency in South Africa, also sold assets for a short-term insurance unit it had.

“This acquisition is consistent with Motus’ strategy to deploy capital and its vehicle retail expertise in pursuit of growth and returns beyond South Africa,” Motus CEO Osman Arbee told Reuters.

Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Up Next

More From The World's Largest Fleet Publisher