ComfortdelGro buys 49% stake in Australian car repair firm for $943,000
WSRC provides repair and maintenance of vehicles.
ComfortdelGro Corporation Australia acquired 49% of Western Sydney Repair Centre’s (WSRC) shares for $943,000 (A$935,000), an announcement revealed.
Financed through ComfortDelGro’s internal fund, the deal makes WSRC a wholly-owned subsidiary of ComfortDelGro.
WSRC provides accident and other repair and maintenance services for buses, passenger cars and other heavy vehicles in Australia.