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Foundation Automotive Acquires Honda Dealership in Ohio, USA
Monday 16 September 2019

16 September 2019 - Ohio, US-based automotive group Foundation Automotive Corp has acquired Motorcars Honda located in Cleveland Heights, Ohio, the group said.

Terms of the deal were not disclosed.

The acquisition will introduce a name change to Foundation Honda effective immediately.

The facility is approximately 46,550 square feet including a state of art service area and is the first carbon neutral dealership in the world.

Peter A. Wink is the dealerships general manager and managing partner.

Foundation Automotive acquires targeted assets throughout Canada and the United States with existing ownership in Western Canada, Texas, North Dakota and Ohio.
Details
Date Published: 16/09/2019
Target: Motorcars Honda located in,  Cleveland Heights, Ohio
Country: USA
Sector: Motor Vehicles
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Foundation Automotive Corp
Comment:
Terms of the deal were not disclosed

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