Velocity Vehicle Group Acquires Eagers Automotive's Daimler Truck and Bus Business in Australia

May 1, 2021

Velocity Vehicle Group (VVG) has completed the acquisition of Eagers Automotive Limited's Daimler Truck and Bus sales and service dealerships across Australia. The deal transfers approximately 650 employees and the Daimler franchises (Mercedes‑Benz, Freightliner and Fuso) across metropolitan and regional locations including Brisbane, Newcastle, Sydney, Melbourne, Adelaide and Perth to VVG.

Targets
Eagers Automotive Limited Daimler Truck and Bus business
Sellers
Eagers Automotive Limited (AP Eagers)
Industry
Trucking & Fleet
Location
Australia
Transaction Type
Divestiture

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