Driving the news: Dahl Automotive purchased two Minnesota dealerships from Happy Auto Group in a deal that closed June 15.
For context: Purchased were Happy Chrysler, Dodge, Jeep, Ram of Rochester, and Happy Hyundai of Rochester, in that Minnesota city, about an hour and a half southeast of Minneapolis.
The stores were renamed Dahl Hyundai Rochester and Dahl Chrysler, Dodge, Jeep, Ram Rochester.
Dahl Automotive owns two other dealerships in southeast Minnesota, all about a one-hour drive from the group’s headquarters/home market of La Crosse, Wisconsin.
With the acquisitions, Dahl said it now owns 16 dealerships in Minnesota and Wisconsin.
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What they’re saying: Andrew Dahl, the fifth-generation co-owner and CEO of his family’s namesake group, said in a release that they were excited to welcome 100 new team members to their brand with the strategic additions.
“Rochester is a great fit within our strategic plan to grow in mid-sized markets where we can make a positive impact in the community and through exceptional guest experiences,” Dahl said. “We are a family-run auto group, and guests will feel that right away when they visit our stores.”
Bottom line: The divestitures will allow Happy Auto to “focus on and grow our home Chicagoland dealerships,” group co-owner Bret Matthews said in a release.
You can see this deal announcement and many more throughout the entire year by visiting the CDG Buy/Sell tracker at CDGbuysell.com, powered by:
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