ClosedPublished 29 Jul 2025

Asbury Automotive Group, LLC /
The Herb Chambers Companies

Asbury Automotive Group completes acquisition of Herb Chambers businesses

Buy side: Asbury Automotive Group, LLC
Buy sideAsbury Automotive Group, LLC
Target: The Herb Chambers Companies
TargetThe Herb Chambers Companies
Asbury Automotive Group, Inc. · 29 Jul 2025Source
Buy side: Asbury Automotive Group, LLC
Buy sideAsbury Automotive Group, LLC
Target: The Herb Chambers Companies
TargetThe Herb Chambers Companies
01 / BuyerAsbury Automotive Group, LLC
02 / TargetThe Herb Chambers Companies
Source for the buyer and target: Asbury Automotive Group, Inc.

For the buyer and target.

“On July 21, 2025, Asbury Automotive Group, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Initial Report”) with the Securities and Exchange Commission (the “SEC”) to report the completion of the acquisition by Asbury Automotive Group, LLC (“Purchaser”), a Delaware limited liability company and a wholly-owned subsidiary of the Company, of substantially all of the assets, including real property and businesses of The Herb Chambers Companies, pursuant to a Purchase and Sale Agreement with various entities that comprise the Herb Chambers automotive dealerships group.”

Published 29 Jul 2025

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01

What happened

Asbury Automotive Group, LLC completed its acquisition of substantially all of the assets and businesses of The Herb Chambers Companies on July 21, 2025. The businesses include 33 dealerships, 52 franchises and three collision centers. [01]

The transaction agreement set an aggregate purchase price of approximately $1.34 billion, including $590 million for related real estate entities and leasehold improvements. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · Asbury Automotive Group, Inc.

Asbury Automotive Group completes acquisition of Herb Chambers businesses

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Timeline

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  1. Closed

    “Asbury Automotive Group completes acquisition of Herb Chambers businesses Asbury Automotive Group, LLC completed its acquisition of substantially all of the assets and businesses of The Herb Chambers Companies on July…”

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  2. Published by Asbury Automotive Group, Inc.

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