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

By Sharecast News

Sharecast News | 24 Oct, 2022

Updated : 07:19

17:30 06/03/25

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Auto Trader said it had sold its Webzone subsidiary 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.

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

17:30 06/03/25

775.40

0.44%3.40

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