BCA Marketplace saw its revenues increase by 20% to £525.8 million, but profits were dulled by its acquisition of SMA Group for £42m this summer.
BCA’s acquisition of SMA faces an in-depth merger inquiry unless it offers a solution to competition concerns in car auctions in Newcastle.
BCA Marketplace PLC has acquired car auction services group SMA Vehicle Remarketing Ltd for £42million.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues