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Eagers Automotive acquires 65% stake in CanadaOne Auto

PRIVATEMay 28, 2026

Acquiring Company

Eagers Automotive Limited

Acquired Company

CanadaOne Auto Group

AustraliaTorontoAutomotiveRetailAutomotive

Description

Eagers Automotive has completed the acquisition of a 65% stake in CanadaOne Auto, enhancing its operations in the Canadian market. This strategic move is expected to boost Eagers' revenue and provide geographic diversification. The combined entity is projected to generate approximately A$18.4–18.7 billion in revenue. Eagers continues to pursue additional acquisitions to strengthen its position in the automotive sector.

Quick answer

Eagers Automotive Limited is acquiring CanadaOne Auto Group, announced May 28, 2026. Eagers Automotive Limited is based in Australia.

How much did Eagers Automotive Limited pay for CanadaOne Auto Group?
The deal value was not disclosed.
What does Eagers Automotive Limited do?
Eagers Automotive is Australia's largest automotive dealership group.
Where are Eagers Automotive Limited and CanadaOne Auto Group based?
Eagers Automotive Limited is based in Australia. CanadaOne Auto Group is based in Toronto, Ontario, Canada.

Source: Fundz verified event record.

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Company Information

Company

Eagers Automotive Limited

Location

Australia

About

Eagers Automotive is Australia's largest automotive dealership group. The company operates a network of dealerships across Australia and New Zealand. It is focused on expanding its footprint, including significant international investments. Eagers Automotive is publicly traded on the ASX under the ticker APE.

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Frequently asked

Who acquired CanadaOne Auto Group?

CanadaOne Auto Group was acquired by Eagers Automotive Limited, based in Australia. The deal was reported on May 28, 2026. Eagers Automotive is Australia's largest automotive dealership group. The company operates a network of dealerships across Australia and New Zealand. Eagers Automotive Limited is privately held and operates in Automotive.

When did Eagers Automotive Limited acquire CanadaOne Auto Group?

Eagers Automotive Limited's acquisition of CanadaOne Auto Group was reported on May 28, 2026. Eagers Automotive has completed the acquisition of a 65% stake in CanadaOne Auto, enhancing its operations in the Canadian market. This strategic move is expected to boost Eagers' revenue and provide geographic diversification. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CanadaOne Auto Group do?

CanadaOne Auto Group operates 43 dealership locations across five Canadian provinces. The group represents approximately 20 automotive brands. It has a strong market presence and is dedicated to providing a wide range of vehicles to customers. It is privately held, operating in Retail, and is based in Toronto.

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