BMG is acquiring the new and used car sales business, the service and parts business and all existing franchise agreements with the exception of Kia.
Gowan Group is principally associated with motor distribution representing Peugeot, Citroen, DS, Opel, Fiat, Jeep, Alfa Romeo and Honda in Ireland. Gowan Group chief executive Michael Dwan said it was a “natural step” to sell its remaining motor retail operation in light of its strategy to expand Gowan Auto, the motor distribution business, following a strategic review in 2021.
The decision to sell the business, which he said had been an “integral” part of the group for more than 40 years, had not been taken lightly, Mr Dwan added.
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