Lithia Motors Acquires Ferrari, Bentley and Lotus Dealerships in Denver
December 13, 2022
Lithia Motors purchased three Denver-area luxury dealerships — Ferrari of Denver, Bentley of Denver and Lotus (Lotus of Denver) — in a transaction brokered by Pinnacle Mergers & Acquisitions. The dealerships were sold by owner Aleks Vekselberg as Lithia expands its luxury and regional retail footprint in Colorado.
- Buyers
- Lithia Motors
- Targets
- Ferrari of Denver, Bentley of Denver, Lotus of Denver
- Sellers
- Aleks Vekselberg
- Industry
- Automotive
- Location
- Colorado, United States
- Transaction Type
- Buyout
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