A Pacific Northwest dealership group acquired a retailer with two producers, whereas a used-only dealership group bought its first franchised retailer in two provides that closed on the end of the second quarter.
Here’s a quick check out the transactions involving domestic- and import-brand retailers.
Kendall Automotive Group on June 30 purchased a Subaru-Chevrolet dealership in Marysville, Wash., near Seattle.
Kendall, with about 40 areas in 4 Western states and a Ford retailer already in Marysville, bought Roy Robinson Subaru-Chevrolet from the Bjorg family.
Phrases of the deal weren’t launched. The store has been renamed Kendall Subaru-Chevrolet of Marysville.
Kendall has retailers in Alaska, Oregon, Washington and Idaho, and sells larger than 20 producers, along with Toyota, Lexus, Volkswagen, Honda, Kia, Lincoln, Mercedes-Benz and Audi, in response to its website online.
The family-owned group was based mostly in 1937 as Merrill Kendall grew to turn into part of a Ford dealership in Eugene, Ore.
George Pero and Joe Beaver of DCG Acquisitions, a Dave Cantin Group agency, handled the transaction.
Dunhill Auto Group, led by companions Yan Chertok and Arthur Boguslavskiy, acquired its first franchised dealership on June 30, searching for Mitsubishi of Quakertown in Pennsylvania from Peruzzi Auto Group.
Dunhill Auto, of South Amboy, N.J., renamed the store Quakertown Mitsubishi. Quakertown is northwest of Philadelphia.
Dunhill has 4 used-vehicle dealerships in New Jersey suburbs of New York Metropolis. Boguslavskiy, vice chairman of the group, talked about Dunhill had been looking for to buy a franchised dealership for the earlier 5 years.
Quakertown Mitsubishi is open for service nonetheless is closed for product sales, Boguslavskiy well-known, as a result of the dealership undergoes renovation and hires new employees. It targets to reopen for product sales Aug. 2, Boguslavskiy talked about.
Rich Weitzman of Colliers Worldwide represented Peruzzi Auto throughout the transaction.