Asbury Automotive’s $1.2B deal for Koons highlights dealership M&A strength
Deal is largest retail auto acquisition since 2021
The deal Asbury Automotive inked last week to acquire Jim Koons Automotive Companies for $1.2 billion, the largest auto retail acquisition since 2021, is an indication that dealership merger-and-acquisition activity is on track for a record year. Georgia-based Asbury is acquiring all of Koons’ assets, including real estate, vehicles and the Mid-Atlantic Region company’s […]
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