Gowan Group completes acquisition of FCA Ireland

Transaction includes distribution of Fiat, Alfa Romeo, Jeep and Fiat Professional in Ireland

Photograph: iStock
Photograph: iStock

Family owned motor group Gowan has completed the acquisition of Fiat, Alfa Romeo, Jeep and Fiat Professional's Irish distribution business.

The company's purchase of FCA Ireland, which was approved by the Competition and Consumer Protection Commissioner, will see Gowan assume responsibility for importing the Fiat, Alfa Romeo, Jeep and Fiat Professional brands into Ireland.

The deal comes following the creation of Stellantis through the merger of car manufacturers PSA and FCA earlier in 2021.

Gowan already imports Peugeot, Citroën, Opel and DS brands.

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FCA Ireland’s employees will transfer to Gowan.

"We have a deep understanding of the Irish motor market and a good appreciation of the Stellantis brands," said Michael Dwan, chief executive of Gowan Group. "We have been impressed with the quality of the product pipeline and with the significant investment commitment to power the Stellantis electrification strategy. We are committed to improving customer satisfaction and market share for each of the brands in Ireland."

The Gowan Group has been importing Peugeot vehicles since 1969 and Opel vehicles since 2019. It imported and sold Citroen vehicles in Ireland between 1982 and 2009, resuming the business in April.

Ciara O'Brien

Ciara O'Brien

Ciara O'Brien is an Irish Times business and technology journalist