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Bergé Automoción acquires a majority stake in Mitsubishi Motors de Portugal SA, importer of Mitsubishi Motors and Fuso vehicles for the Portuguese market

26 February, 2015

On 17 December last year, as part of its development strategy in the Portuguese market, Bergé Automoción reached an agreement with Mitsubishi Motors Corporation (MMC) and Mitsubishi Corporation (MC) for the acquisition of the majority of the shares of its current vehicle distributor in Portugal.

The agreement was approved by the competition authorities on 29 January this year, and yesterday the final contractual and corporate formalities were completed, allowing a successful conclusion to the operation.

The incorporation of Bergé Automoción as partner of reference strengthens the strategy of Mitsubishi Motors in Portugal, in the same way that it did in Spain last year, as it means joining forces with the largest private automotive distributor in the Iberian Peninsula and Latin America, which brings with it its proven experience and reputation in the distribution and marketing of cars.

Bergé Automoción has had a presence in the Portuguese market since 1998, when it began operations as a distributor of the Chrysler and Jeep brands. And from this point onwards it will be representing a total of 5 brands: Mitsubishi, Fuso, Kia, Jeep and Isuzu.