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Financial News

Oct 2010 Financial News

Ansa McAl to purchase Bavarian Motors

Oct 01, 2010

Industry sources say conglomerate Ansa McAl is poised to purchase Bavarian Motors, the official importers of BMW vehicles to Trinidad and Tobago.

Ansa McAl’s automotive division already has under its belt, Diamond Motors which distributes Mitsubishi vehicles; Classic Motors which handles Honda motor cars and McEnearney Motors which is responsible for Ford vehicles.

Gerry Brooks, who is the Group Chief Operating Officer at ANSA McAL was mum on the issue.

“I cannot make a comment,” he said yesterday in response to Newsday’s queries.

An attempt was made in contacting Barvarian Motor’s managing director Gordon Borde. A message was left with his secretary to contact Newsday. However, the call was not returned.

According to web site searches Bavarian Motors was an affiliate of Southern Sales which is owned by the Ahamad clan.


Source:
Newsday
Friday October 1, 2010

http://www.newsday.co.tt/business/0,128424.html