Landmark Cars Closes Rs 215 Cr Auto Hangar Buy, Adds Mumbai BMW & MG Dealerships

Landmark Cars has completed its acquisition of Mumbai-based dealer Auto Hangar at an enterprise value of ~Rs 215 crore, absorbing its BMW and MG businesses and deepening its luxury and mass-market footprint in India's largest auto retail market.

— Filed Wed, 27 May, 2026, 14:45 IST · Source Moneycontrol · News Web · Updated

Landmark Cars completed acquisition of Mumbai dealer Auto Hangar (BMW and MG businesses) for ~Rs 215 crore EV. Separately, P&G Health Q3 revenue rose 8% YoY to Rs 327 crore, net profit Rs 78 crore, with Rs 45 interim dividend declared.

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