M&A

Inchcape buys Icelandic auto distributor Askja

By Frank Prenesti

Date: Tuesday 22 Jul 2025

(Sharecast News) - Inchcape has agreed to acquire Icelandic automotive distributor Askja for an undisclosed sum.
Askja generated revenue of £150m in fiscal 2024 and employs 260 people. During FY 2024, Iceland's total industry volume for new passenger cars and light commercial vehicles was around 12,000units, of which Askja holds a...

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