Announced
Completed
Financials
Sources
Tags
United States
car dealership
Auto Services
Acquisition
Majority
Private
Domestic
Friendly
Single Bidder
Completed
Synopsis
MileOne Autogroup, an automotive sales and service network, completed the acquisition of Koons Wilmington Lexus, a car dealership, from Asbury Automotive, an auto dealership. Financial terms were not disclosed. “We are thrilled to welcome another Lexus store to the MileOne network. When this location became available, we knew immediately that it would be a terrific addition to our portfolio," Michael Fader, MileOne Autogroup Vice President.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.