ABG · Categories · M&A
ABG - Mergers and acquisitions
Asbury Automotive Group Inc (ABG) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for ABG
- Asbury Automotive Group Completes Acquisition of Herb Chambers Dealerships33 new vehicle dealerships in Northeastern US representing 52 new vehicle franchises Leading market share in Massachusetts Expected to generate significant value for shareholders Asbury Automotive Group, Inc. (NYSE:ABG) (the "Company"), one of the largest automotive retail and service companies in the U.S., has completed the acquisition of The Herb Chambers Companies (HCC), the sixteenth largest by revenue privately-owned dealership group in the country. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250721235338/en/ "We're thrilled to complete the acquisition of The Herb Chambers Companies' assets and operations," said Da
- Asbury Automotive Group Completes Acquisition of Jim Koons Automotive CompaniesLargest auto retail acquisition since 2021 includes 29 franchises, six collision centers, 20 dealerships in Virginia, Maryland and Delaware and one of the U.S.' highest volume Toyota dealerships Asbury Automotive Group, Inc. (NYSE:ABG), one of the U.S.' largest automotive retail and service companies, has completed the acquisition of Jim Koons Automotive Companies, the ninth largest privately-owned dealership group in the U.S. The sale includes 20 dealerships, 29 franchises, six collision centers and one of the highest volume Toyota dealerships in the US. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231211020081/en/ "With th
- Asbury Automotive Group Adds Approximately $715 Million in Annualized Revenues with Acquisition of Stevinson AutomotiveEight dealerships in the attractive Denver, Colorado market representing six franchise brands, plus an additional franchise open point Well-respected group with an impressive share of leading brands in this desirable market Adds approximately $715 million in annualized revenue Asbury Automotive Group, Inc. (NYSE:ABG), one of the largest automotive retail and service companies in the U.S., completed the acquisition of Stevinson Automotive ("Stevinson") adding approximately $715 million in annual revenues. "We are thrilled to add to our growing footprint in the dynamic and growing Denver area, especially through a well-respected and successful dealership group like Stevinson," said Da