Asbury Automotive Group, Inc. /
various automotive dealerships owned by The Herb Chambers Companies (HCC)
Asbury Automotive Group agrees to buy New England dealerships
What happened
Asbury Automotive Group, Inc. signed a definitive agreement to acquire various automotive dealerships owned by The Herb Chambers Companies (HCC). The transaction includes 33 dealerships, 52 franchises and three collision centers.
The $1.34 billion transaction is subject to customary closing conditions and is expected to close late in the second quarter of 2025.
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Asbury Automotive Group agrees to buy New England dealerships
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