Tue. 27 Feb 2024, 7:20am ET
Benzinga
M&A, News
Lithia & Driveway (NYSE:LAD) announced today they have purchased Carousel Motor Group, growing their footprint in one of the largest markets in the North Central Region, Minneapolis-St. Paul. The group, comprised mainly of premium luxury brands, is projected to generate more than $900 million in annualized revenue.