Automotive distributor Inchcape said it had agreed to acquire Daimler's Mercedes-Benz passenger car and private vans distribution operations in Colombia. The value of the deal was not made public. The purchase represented a 'strategic transformation of Inchcape's partnership with Daimler to include distribution contracts after a 30-year retail-only partnership,' the company said. 'Together these acquisitions have enabled us to create a scale regional platform with Daimler,' it added.
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