Pinewood.AI to acquire Lithia & Driveway's 51% stake in their JV
Pinewood.AI will fully control North American operations, aiming for growth in the automotive software market
Pinewood Technologies Group PLC (Pinewood.AI), a cloud-based software provider for the automotive retail industry, has announced an agreement to acquire Lithia UK Holdings Ltd.'s 51% stake in their North American joint venture for $76.5 million.
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