Gowan Group, the family owned holding company, announces yesterday that it has completed the acquisition of FCA Ireland, following approval of the transaction by the Irish Competition and Consumer Protection Commissioner. Gowan Group will now take over responsibility for importing the Fiat, Alfa Romeo, Jeep and Fiat Professional brands into Ireland, all of which are owned by Stellantis.
This transaction comes in the wake of the merger of car manufacturers PSA and FCA earlier this year, which created Stellantis, now one of the world’s biggest car manufacturers with industrial operations in 30 countries and a commercial presence in 130 markets.
In addition to already importing Peugeot, Citroën, Opel and DS brands, Gowan Group will now import a total of eight Stellantis brands in Ireland. Gowan Group will assume responsibility for all of FCA Ireland’s operations and current employees will transfer now that the transaction has been completed.
“We are delighted to become Stellantis’s import partner in Ireland for Fiat, Jeep, Alfa Romeo and Fiat Professional brands,” says Michael Dwan, CEO of Gowan Group. “We have a deep understanding of the Irish motor market and a good appreciation of the Stellantis brands. 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.
Fiat, Alfa Romeo, Jeep and Fiat Professional complement Gowan’s already broad model portfolio. Leveraging the many new and advanced powertrain developments across the Stellantis Group, each of the brands in the newly acquired portfolio will benefit from a substantial investment in latest generation technology and exciting new models. Starting with five new model launches in 2022, each brand has a clearly defined strategy aimed at delivering to our customers a full suite of models meeting future market demands.
Gowan Group has been involved in motor distribution in Ireland for 52 years, importing Peugeot vehicles since 1969 and Opel vehicles since 2019. In April of this year, Gowan Group commenced the importing and selling of Stellantis owned Citroen vehicles in Ireland, having previously imported Citroen vehicles to Ireland between 1982 to 2009.
The contract with Stellantis to take over responsibility for Fiat, Alfa Romeo, Jeep and Fiat Professional in the Irish market is an acknowledgement of Gowan’s strong results as the representative for other Stellantis brands in Ireland. It also confirms Stellantis’ confidence that Gowan has the ability to grow the market shares of these very exciting and historic brands here in Ireland.