Langrove Co., Ltd. has acquired the import car sales division from Euro Motors to broaden its brand offerings and customer base in the automotive market.

Target Information

Langrove Co., Ltd., based in the Kansai region of Japan, is a prominent player in the used car sales market and is recognized as an authorized dealer for imports including renowned brands such as Jeep and Fiat. The company's acquisition of the import car sales division from Euro Motors, located in Osaka, is aimed at expanding its brand portfolio and enhancing its customer base.

The purchased division operates as an official dealer for French automotive brands Peugeot and Citroën, with reported annual revenues of approximately 1.664 billion JPY for the fiscal year ending in March 2025. The acquisition price remains undisclosed, with an expected closing date set for January 30, 2026.

Industry Overview

The used car market in Japan has shown robust growth, attributed to a rising demand for affordable automotive solutions amidst economic recovery. With consumers