Graham Holdings Acquires Two Woodbridge, VA Car Dealerships from Lustine Automotive Group
July 6, 2022
Graham Holdings Company acquired a Toyota dealership and a Chrysler-Dodge-Jeep-Ram dealership in Woodbridge, Virginia from Lustine Automotive Group, with the company taking a 90% stake. Christopher J. Ourisman and his Ourisman Automotive team will operate and manage the dealerships (reportedly holding the remaining minority interest); the purchase price was not disclosed.
- Buyers
- Graham Holdings Company, Ourisman Automotive Group
- Targets
- Toyota dealership (Woodbridge, VA), Chrysler-Dodge-Jeep-Ram dealership (Woodbridge, VA)
- Sellers
- Lustine Automotive Group
- Industry
- Automotive
- Location
- Virginia, United States
- Transaction Type
- Buyout
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