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MARKETS & INVESTING, TRANSPORT & LOGISTICS | Staff Reporter, Singapore
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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.

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