Online car seller Carsales.com has completed the acquisition of a 65 per cent stake in Mexico-based auto classifieds website SoloAutos.
The company in August said it would acquire the SoloAutos stake for around $9 million. It has funded the buy through existing debt facilities.
Carsales lifted full year net profit eight per cent to a record $103.2 million for 2014/15, helped by a number of Australian and overseas acquisitions.
