Holand Automotive Group completed the acquisition of a Ferrari dealership in Romania from Forza Rossa.

Holand Automotive Group, a Canadian luxury and specialty leasing company, completed the acquisition of a Ferrari dealership in Romania, from Forza Rossa, an operator of a car dealership. Financial terms were not disclosed. "Romania is a hidden gem. Its proximity to key European markets and growing wealth make it ideal for luxury automotive growth, with strategic access to neighbouring regions," Gad Bitton, Holand Automotive Group President and CEO.