Bapcor Limited completes its divestment of MTQ Engine Systems

Bapcor Limited (ASX:BAP) has completed the divestment of its diesel fuel injection and turbo aftermarket business, MTQ Engine Systems, to an undisclosed acquirer (AcquirerCo).

MTQ Engine Systems is a national provider of diesel fuel injection and turbo aftermarket sales and services. Headquartered in New South Wales, it primarily services the automotive aftermarket, mining, earth moving, and transport sectors.

The BDO deal advisory team, led by Partner, Daniel Coote, were engaged by AcquirerCo to provide financial due diligence services on the transaction.