Sonic Automotive Announces Acquisition of Audi New Orleans
12 Décembre 2024 - 12:55PM
Business Wire
The acquisition marks the company’s first
franchise automotive location in Louisiana
Sonic Automotive, Inc. (“Sonic’’ or the “Company”) (NYSE:SAH), a
Fortune 500 Company and one of the nation’s largest automotive and
powersports retailers, today announced the recent acquisition of
Audi New Orleans, located in Metairie, Louisiana, serving the
greater New Orleans area.
The Company purchased Audi New Orleans from the Bohn Brothers
Automotive Group, which has a deep history of automotive dealership
operations in Louisiana. Audi New Orleans opened its doors in June
2009, continuing a tradition of quality automotive sales and
service established by George Bohn, Sr., in the greater New Orleans
area over one hundred years ago. Kerrigan Advisors represented the
Bohn Brothers Automotive Group in the transaction.
“We are thrilled to welcome the team from Audi New Orleans into
the Sonic Automotive family,” said David B. Smith, Chairman and
Chief Executive Officer of Sonic Automotive, Inc. “It’s an honor to
continue the tradition of offering high-quality automotive sales
and service experiences established in the greater New Orleans area
by the Bohn family since 1924. Our team looks forward to providing
a world-class guest experience to Audi New Orleans guests and
furthering our commitment to delivering the Audi brand promise
through this dealership.”
“We are grateful for the loyal customers, dedicated Audi New
Orleans team members, and community partners for supporting the
dealership for the last 15 years, and we look forward to seeing the
dealership continue to serve Audi customers in the New Orleans
community for years to come,” said the Bohn family.
The acquisition of Audi New Orleans complements the Company’s
diverse portfolio of automotive brands. This marks Sonic
Automotive's 10th Audi dealership and its first franchise
automotive dealership in Louisiana. The acquisition of Audi New
Orleans brings the Company’s franchise automotive dealership
portfolio to 108 locations nationwide.
About Sonic Automotive:
Sonic Automotive, Inc., a Fortune 500 company based in
Charlotte, North Carolina, is on a quest to become the most
valuable diversified automotive retail and service brand in
America. Our Company culture thrives on creating, innovating, and
providing industry-leading guest experiences, driven by strategic
investments in technology, teammates, and ideas that ultimately
fulfill ownership dreams, enrich lives, and deliver happiness to
our guests and teammates. As one of the largest automotive and
powersports retailers in America, we are committed to delivering on
this goal while pursuing expansive growth and taking progressive
measures to be the leader in these categories. Our new platforms,
programs, and people are set to drive the next generation of
automotive and powersports experiences. More information about
Sonic Automotive can be found at sonicautomotive.com and
ir.sonicautomotive.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20241212037669/en/
Sonic Automotive Investor Inquiries Heath Byrd, Executive
Vice President and Chief Financial Officer Danny Wieland, Vice
President, Investor Relations ir@sonicautomotive.com
Sonic Automotive Press Inquiries Sonic Automotive Media
Relations media.relations@sonicautomotive.com
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