(WJAR) — Herb Chambers Companies, a prominent New England auto dealership group, will be acquired by Asbury Automotive Group, according to U.S. Securities and Exchange Commission filings.
The car dealership magnate is selling his business to an out-of-state company for $1.34 billion. The Herb Chambers Cos., one of the largest privately owned car dealership chains in the U.S., has ...
Principal owner Herb Chambers will serve as special advisor to Asbury and will retain ownership of Mercedes-Benz of Boston, which is located in Somerville. The sale, which is described as one of ...
Georgia’s Asbury Automotive Group will acquire New England’s Herb Chambers Companies for $1.34 billion in a deal announced Tuesday. Asbury Automotive Group expects to close the sale of Herb ...
New England auto giant Herb Chambers Companies has been acquired by the publicly traded Asbury Automotive Group in a $1.34 billion blockbuster deal. Herb Chambers, a Dorchester native and major ...
New England car sales giant Herb Chambers has agreed to sell his eponymous company for $1.34 billion. Duluth, Georgia-based Asbury Automotive will take control of The Herb Chambers Companies ...
BOSTON (WHDH) - Asbury Automotive Group, a Fortune 500 Company based in Duluth, Georgia, announced they had signed an agreement to acquire The Herb Chambers Company for $1.34 billion. Herb ...
Feb 18 (Reuters) - Auto retailer Asbury Automotive Group (ABG.N), opens new tab said on Tuesday it would acquire automotive dealerships owned by Herb Chambers Companies in a deal valued at $1.34 ...
Herb Chambers, principal of the Herb Chambers Companies, has agreed to assume the post of Special Advisor to Asbury and will retain ownership of Mercedes-Benz of Boston in Somerville, Massachusetts.
The deal for Herb Chambers Companies, which booked $2.9 billion in revenue in 2024, includes 33 dealerships, 52 franchises, and three collision centers. “We’re excited to bring Asbury and the ...
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