Press Release Grupo Tampico on Automotive Retail Acquisitions
TAMPICO, MEXICO � Seale & Associates, Inc. announced that it acted as exclusive financial advisor to Grupo Tampico, S.A. de C.V. on the acquisition of two automotive retailers based in the Northern state of Tamaulipas, Mexico. The first acquisition involved the purchase of a Mazda dealership with three branches from Grupo Gesta Motors, headquartered in Monterrey, Mexico, that operates Ford and Volvo dealerships in the state of Nuevo Leon. The second acquisition involved the purchase of Honda, Volkswagen and Seat dealerships from Grupo Fral in Tampico, Mexico.
Grupo Tampico is a diversified Mexican conglomerate with divisions in automotive and truck retail, plastics, hotels, logistics, and real estate. The automotive retail group is one of the largest in Northern Mexico selling a wide range of leading brands including Chrysler, Dodge, Fiat, Jeep, Toyota, Mitsubishi and Mercedes Benz. Grupo Tampico is headquartered in Tampico, Mexico and was founded in 1912.
Seale & Associates, Inc., headquartered in Arlington, Virginia, is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients� most complex dealings.