The Palladino Auto Group has revamped its footprint in North Bay, Ont. over the previous month with the acquisition of 1 dealership and sale of one other.

The dealership group acquired Gold Fleet Subaru within the Northern Ontario metropolis from longtime supplier principal Cliff Pilon on Jan. 4.

The deal brings the Sudbury, Ont.-based Palladino Auto Group’s dealership rely again as much as seven, just a few weeks after the sale of North Bay Mazda had lowered its new-car retailer rely to 6. The corporate operated the Mazda retailer for six years previous to promoting it to an unnamed purchaser in December.

As “no stranger” to the North Bay market, Palladino Auto Group CEO Vince Palladino mentioned the corporate is “elated” so as to add one other Subaru location in Northern Ontario. It additionally owns Palladino Subaru in Sudbury.

“We have been very motivated to stay within the North Bay market given its robust, dynamic enterprise setting and are thrilled to have the ability to broaden our relationship with such an iconic model,” he mentioned in a launch.

Phrases of the deal weren’t disclosed.

As a part of the acquisition, Gold Fleet Subaru, which opened in 1987, will likely be renamed Subaru of North Bay.

Palladino Auto Group owns 4 new-car dealerships in Sudbury, and one every in Toronto, London and North Bay. It additionally runs a powersport and marine dealership in Sudbury.