Edmonton-based AutoCanada sells three B.C. dealerships for $32.2 million
The Edmonton auto retailer has divested a trio of British Columbia dealerships, including Island Chevrolet Buick GMC in Duncan.
AutoCanada Inc., the Edmonton-based automotive dealership group, announced it has completed the sale of three of its British Columbia dealerships for total proceeds of approximately $32.2 million.
Among the properties sold is Island Chevrolet Buick GMC, located in Duncan, B.C. The company did not name the buyer or the remaining two dealerships involved in the transaction in the material provided.
The sale is part of AutoCanada's ongoing portfolio activity as the company continues to manage its network of dealerships across Canada.
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