Deal Snapshot
Lithia Acquires 4 Texas John Eagle Dealerships
Thursday 06 August 2020

Oregon, US-based personal transportation solutions provider Lithia Motors, Inc. (NYSE: LAD) has acquired four Texas John Eagle Dealerships to expand network in South-Central US, the company said.

Combined, the Texas dealerships add USD 500m in annualised revenues and bring Lithia's network expansion to over USD 1bn in revenue thus far in 2020. Lithia Motors, Inc. is a growth company powered by people and innovation with a 5-year plan to profitably consolidate the largest retail sector.

Date Published: 06/08/2020