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Innovation Group inks £46m deal for motor service specialist as CEO departs

Andy Roberts Innovation Group

Innovation Group has revealed a deal to spend up to £46m on one of the UK’s leading motor service plan specialists, alongside announcing the departure of CEO Andy Roberts.

Innovation Group will pay an initial £36m for the business, with a further £10m based on profit targets until December 2016.

EMAC provides and administrates service plans for motor vehicles for the

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