Explore All 417 Divestiture Retail Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | June 26, 2001 |
| Target | Tulsa Auto Collection |
| Sector | Retail |
| Buyer(s) | Penske Automotive Group |
| Sellers(s) | Ford Motor |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1990 |
| Sector | Retail |
| Employees | 28,900 |
| Revenue | 30.5B USD (2024) |
Penske Automotive Group is an automotive retailer that sells new and used motor vehicles, maintenance, and repair services. Penske Automotive Group was founded in 1990 and is based in Bloomfield Hills, Michigan.
| Deal Context for Buyer | # |
|---|---|
| Overall | 4 of 27 |
| Sector: Retail | 4 of 10 |
| Type: Divestiture | 1 of 4 |
| Country: United States | 4 of 19 |
| Year: 2001 | 3 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-05-30 |
Mercedes-Benz of Nanuet
Nanuet,, New York, United States Mercedes-Benz of Nanuet markets and distributes old and new Mercedes-Benz motor vehicles. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2001-09-25 |
Nissan of North Olmsted
North Olmsted,, Ohio, United States Nissan of North Olmsted LLC markets and distributes Nissan cars, trucks, and vans. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1903 |
| Sector | Automotive |
| Employees | 171,000 |
| Revenue | 185.0B USD (2024) |
Ford Motor produces and sells automobiles under the Ford and Lincoln brands. In addition to the products Ford sells to dealerships for retail sale, the Company also sells vehicles to dealerships for sale to fleet customers, including commercial fleet customers, daily rental car companies, and governments. Ford Motor also sells parts and accessories, primarily to dealerships and to authorized parts distributors. Through its dealerships, Ford Motor also offers extended service contracts to retail customers. Ford Motor was founded in 1903 and is headquartered in Dearborn, Michigan.
| Deal Context for Seller | # |
|---|---|
| Overall | 3 of 12 |
| Sector: Retail | 1 of 2 |
| Type: Divestiture | 1 of 9 |
| Country: United States | 3 of 8 |
| Year: 2001 | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-06-28 |
Visteon
Van Buren Township, Michigan, United States Visteon is a global supplier of climate, electronics and interiors systems, modules and components to automotive original equipment manufacturers. The Company has an international network of manufacturing operations, technical centers and joint venture operations. Visteon was founded in 2000 and is based in Van Buren Township, Michigan. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-08-12 |
Kwik-Fit
Herts, United Kingdom Kwik-Fit, established in 1971, is an independent tire retailer with Europe’s largest service point network comprising 1,218 directly-managed tire fitting centres in the UK, France and Holland. |
Sell | £320M |
