Automotive Holdings Group Limited
(ASX:AHE) is expanding its empire with the purchase of two new dealerships.
AHG will pay around $5 million for the Leo Muller dealership in Brisbane and the Paceway Mitsubishi dealership in Perth.
The purchase will bolster the network to 173 franchises and 97 dealerships and will add to earnings this quarter.
Automotive Holdings Group made a net profit of $47 million for the first six months of the 2015 financial year.
