Asbury Automotive Group Completes Acquisition of Herb Chambers Dealerships
Asbury Automotive Group Inc (ABG)
Last asbury automotive group inc earnings: 2/3 07:00 am
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Source: Business Wire
33 new vehicle dealerships in Northeastern US representing 52 new vehicle franchisesLeading market share in MassachusettsExpected to generate significant value for shareholders DULUTH, Ga.--(BUSINESS WIRE)--Asbury Automotive Group, Inc. (NYSE: ABG) (the “Company”), one of the largest automotive retail and service companies in the U.S., has completed the acquisition of The Herb Chambers Companies (HCC), the sixteenth largest by revenue privately-owned dealership group in the country.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250721235338/en/“We’re thrilled to complete the acquisition of The Herb Chambers Companies’ assets and operations,” said David Hult, Asbury’s President & CEO. “Herb redefined the car-buying experience in New England, making ‘Herb Chambers’ a household name, synonymous with reliability and service. The HCC team is well known for its guest-centric focus and community involvement, and we are proud to
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