Penske Automotive Group Acquires Bill Brown Ford
July 16, 2024
Penske Automotive Group has acquired Bill Brown Ford, a longtime Ford dealership located in Livonia, Michigan, expanding Penske’s North American retail footprint in the Midwest. The acquisition includes more than 200,000 square feet of facilities across 29 acres (dealership, pre-owned facility, fleet maintenance and collision center) and is expected to add about $550 million in estimated annualized revenue.
- Buyers
- Penske Automotive Group
- Targets
- Bill Brown Ford
- Industry
- Automotive
- Location
- Michigan, United States
- Transaction Type
- Buyout
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