Group takes full ownership of Transerv

AXIA Corporation (Axia) has acquired the remaining 12,25 percent stake in automotive spares retailer, Transerv’s mi­nority shareholders, taking its effective shareholding in the business to 100 percent. The transaction, disclosed by Axia in its full year results published last week and which took effect on June 1, 2026, had a purchase consideration of US$1,08 million,…