Inchcape Purchased Volvo and Jaguar Land Rover Assets
The distributor has acquired dealership operations in Peru and Costa Rica to expand its regional footprint.
Updated on Oct. 1, 2026 in Buying/Selling
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Global distributor Inchcape has agreed to acquire Volvo and Jaguar Land Rover businesses from Automotores Gildemeister. This deal includes five showrooms across Peru and Costa Rica and is expected to finalize by early 2027.
Why it matters
This consolidation of regional dealership assets aims to widen vehicle availability in Latin American markets, including potential access to new energy models. The move aligns with the purchaser's strategy to expand its geographic reach and refine its capital allocation.
The transaction covers 90 employees and five total showrooms, including three in Peru and two in Costa Rica. These acquired operations accounted for £48.7 million in annual revenue during 2025.
The players
Inchcape
A global automotive distributor that manages supply chains and showroom operations for major brands like Volvo and Jaguar Land Rover.
Automotores Gildemeister
An automotive retail and distribution group that is divesting specific regional Volvo and Jaguar Land Rover assets to focus on its core business.
The details
The acquisition involves transferring specific regional distribution rights and physical retail locations from Automotores Gildemeister to Inchcape. By integrating these showrooms, Inchcape seeks to scale its existing distribution network for Volvo and Jaguar Land Rover. This transition follows the buyer's Accelerate+ strategy, which emphasizes targeted growth in markets where it already manages brand distribution, such as Chile and Colombia.
Timeline
The acquired businesses generated £48.7 million in revenue throughout 2025.
Peru reached a record vehicle market of 187,000 units in 2025.
The business acquisition is expected to complete in the first quarter of 2027.
The Home Front
This deal marks a continuation of the ongoing global trend toward consolidated automotive distribution networks. It reflects a shift by major players to control more of the regional sales pipeline in emerging and high-growth markets.
Vehicle owners serviced by these showrooms in Peru and Costa Rica should monitor official communications for any changes in service, warranty support, or parts availability. Consumers currently shopping for new vehicles may see adjustments to available model lineups once the transition completes in 2027.
The takeaway
The acquisition by Inchcape signals a major shift in how European luxury brands are managed and sold in the Latin American region. Regional customers should keep an eye on upcoming brand availability updates as the integration of these showrooms proceeds through early 2027.
Further reading
For more trends in how vehicles reach the regional market, see our guide on Buying/Selling.
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