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You are here: Home / Archives for Penske Automotive

Penske Automotive Group Acquires Bill Brown Ford

July 16, 2024 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE: PAG) has acquired Bill Brown Ford of Livonia, Mich. The Presidio Group LLC, an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, announced it advised the Brown family on the sale. The transaction included the Bill Brown […]

Filed Under: News Tagged With: Acquisitions, Michigan, Penske Automotive

Penske Automotive Expands into Australia

April 10, 2024 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE: PAG), the automotive and commercial truck retailers with operations across four continents and nine countries, intends to expand its retail automotive operations into Australia by acquiring two Porsche dealerships along with a Ducati motorcycle dealership in Melbourne, Australia. The Company has signed an agreement to acquire Porsche Centre Brighton, Porsche […]

Filed Under: News Tagged With: Acquisitions, Australia, Penske Automotive

Penske Completes Rybrook Acquisition in the United Kingdom

January 9, 2024 By CollisionWeek Editor

The Penske Automotive Group, Inc. (NYSE: PAG) announced that it has completed the previously announced acquisition of Rybrook Group Limited consisting of 15 premium dealerships in the United Kingdom, including four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership.  Three of the BMW locations also retail BMW […]

Filed Under: News Tagged With: Acquisitions, Penske Automotive, United Kingdom

Penske Automotive Group Acquires 15 Dealerships in United Kingdom

December 11, 2023 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE: PAG) today announced that it has agreed to acquire Rybrook Group Limited consisting of 15 premium dealerships in the United Kingdom, including four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership.  Additionally, three of the BMW locations also retail BMW Motorrad motorcycles. […]

Filed Under: News Tagged With: Acquisitions, Penske Automotive, United Kingdom

Penske Automotive Group Acquires Dealership and Collision Repair Center in Southern California

April 12, 2022 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE: PAG) announced that it has acquired BMW/MINI of Escondido, along with a collision repair center, located in Escondido, California. The acquired dealership and collision center are located in the Escondido Auto Mall, where the company currently operates dealerships featuring the Acura, Audi, Honda, and Mazda brands. The acquisition is expected […]

Filed Under: News Tagged With: Acquisitions, California, Penske Automotive

Penske Automotive Group Acquires Three BMW MINI Dealerships and a Collison Repair Center in the UK

April 1, 2022 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE:PAG) today announced that its U.K. subsidiary, the Sytner Group, has acquired three BMW MINI dealerships and a collision repair center in the U.K.   The acquired dealerships are located in South East England, north of London, complementing the existing presence of 32 BMW MINI franchises operated by the company in the […]

Filed Under: News Tagged With: Acquisitions, Penske Automotive, United Kingdom

Penske Automotive Group Acquires BMW Dealership in Michigan

December 15, 2021 By CollisionWeek Editor

Penske Automotive Group, Inc. (NYSE:PAG) announced that it has acquired Erhard BMW of Bloomfield, located in Bloomfield Hills, Mich., representing the company’s 48th BMW dealership world-wide. Commenting on the acquisition, President Rob Kurnick said, “This dealership has a strong legacy of serving BMW enthusiasts in the metropolitan Detroit market for over 50 years. We are […]

Filed Under: News Tagged With: Acquisitions, Michigan, Penske Automotive

Penske Automotive Acquisition of Kansas City Freightliner Includes Collision Repair Centers in Kansas and Missouri

April 13, 2021 By CollisionWeek Editor

Premier Truck Group logo

Penske Automotive Group, Inc. (NYSE:PAG) and Premier Truck Group (PTG), its wholly-owned commercial vehicle subsidiary, have completed the acquisition of Kansas City Freightliner (KCFL), a retailer of medium and heavy-duty commercial trucks.  The KCFL acquisition is expected to generate $450 million in annualized revenue, building further scale within Premier Truck Group. The acquisition adds five […]

Filed Under: News Tagged With: Acquisitions, Heavy Duty Trucks, Kansas, Missouri, Penske Automotive, Premier Truck Group

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