# Eagers Automotive to buy out remaining 20% stake in BYD joint venture

Eagers Automotive has struck a binding deal to acquire the remaining 20% stake in EV Dealer Group Pty Ltd, its joint venture with BYD, making it a wholly owned subsidiary. The transaction value was not disclosed.

- Type: Acquisition
- Announced: 2026-10-26
- Where: Australia
- Status: announced
- Products: BYD electric vehicles retail
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BYD](https://endata.com/companies/9720.md) (target)
- [Eagers Automotive](https://endata.com/companies/94726.md) (acquirer)
- [EV Dealer Group Pty Ltd](https://endata.com/companies/94727.md) (target)

## Sources

- [theaussiecorporate.com](https://theaussiecorporate.com/blogs/pickandscrollnews/eagers-automotive-buys-out-byd-retail-venture-shares-rise-7), 2026-10-26: "Eagers Automotive has struck a binding, unconditional deal to buy out the remaining 20% stake in EV Dealer Group Pty Ltd, the joint venture entity operating its BYD retail network, paying with a mix of cash and Eagers Automotive ordinary shares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.