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 […]
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