Go to deals
Automotive

Inchcape has acquired 70% of Ditec Chile

The shareholders of Ditec Chile have sold a 70% stake in the company to Inchcape (LSE: INCH).

Ditec Chile is one of the leading importers and distributors of automobiles in Chile, representing the globally recognized Volvo, Jaguar, Land Rover and Porsche brands. The firm integrates the entire automotive business chain, excluding manufacturing: import of vehicles and spare parts, own and third-party dealerships, after sales, used car sales and other related businesses, such as financing.

Inchcape is the world’s leading independent automotive distributor, with long-term relationships with well-known brands such as Toyota, Jaguar, Land Rover, BMW, Mercedes-Benz, Volkswagen and Subaru. Its operations are present in 36 markets across five continents, with extensive experience in entering new markets and integrating new businesses through mergers and acquisitions. Chile represents the base of its operations in the Americas, and here Inchcape represents BMW, Mini, Subaru, Hino, DFSK and Geely.

Grupo Ditec is one of the leading importers and distributors of automobiles in Chile. Additionally, it also has Porsche distribution operations in Spain (Ditec Spain).

Oaklins’ team in Chile was retained by the shareholders of Grupo Ditec to evaluate strategic alternatives for the group and after analyzing different alternatives, a process of incorporating a partner in Ditec Chile was initiated. The team advised during the entire acquisition process, including the contact with potential investors, the due diligence process, the negotiation and the closing of the transaction.

Parties

Talk to the deal team

 José Tomás Brahm

José Tomás Brahm

Director
Santiago, Chile
Oaklins LarrainVial
 Felipe  Porzio

Felipe Porzio

Managing Partner
Santiago, Chile
Oaklins LarrainVial

Related deals

SAPA has acquired 100% of Promens Zevenaar and Promens Rongu
Automotive

SAPA has acquired 100% of Promens Zevenaar and Promens Rongu

SAPA S.p.A., the One-Shot® company, engaged in the sustainable mobility solutions sector, announces a considerable expansion into the truck sector and in northern Europe with the acquisition of 100% of Promens Zevenaar (Netherlands) and Promens Rongu (Estonia). With this acquisition, SAPA bolsters its presence with major customers, including Volvo, Scania and Daimler Truck.

Learn more
Eterna has acquired Mercadeo Sin Límites
Automotive | Consumer & Retail

Eterna has acquired Mercadeo Sin Límites

Eterna has acquired Mercadeo Sin Límites SAS to broaden its air fresheners and automotive care product portfolio.

Learn more
Etac Group divests Etac Bil AS to Auto Solutions Group ApS
Private Equity | Automotive

Etac Group divests Etac Bil AS to Auto Solutions Group ApS

Etac AB, a portfolio company of Swedish investment company Nordstjernan, announces the divestment of Etac Bil AS to Auto Solutions Group ApS (ASG).

Learn more