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Auto Trader sells Webzone unit to Ireland’s Mediahuis for €30m

October 24, 2022

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Auto Trader said it had sold its Webzone subsidiary sold to Mediahuis Ireland for €30m.
Mediahuis owns the CarsIreland.ie and Cartell.ie websites.

For the year ended 31 March 2022, Webzone, which trades as Carzone in Ireland, contributed total revenue of £4.9m and operating profit of £1.3m to Auto Trader’s Group results.

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