Mergers and Acquisitions (M&A): Asbury Automotive Group, Inc. (NYSE: ABG) Acquires The Herb Chambers Companies
Asbury Automotive Group has announced the acquisition of The Herb Chambers Companies. According to the company announcement Asbury Automotive Group, Inc. (NYSE: ABG), a Fortune 500 company headquartered in Duluth, GA, is one of the largest automotive retailers and service companies in the U.S. As of June 30, 2025, Asbury operated 145 new vehicle dealerships, encompassing 189 franchises and representing 31 domestic and foreign vehicle brands. The company offers a wide array of automotive products and services, including new and used vehicles, parts and service (such as vehicle repair, maintenance, and collision repair), and finance and insurance products like extended service contracts and vehicle financing. Asbury also operates Total Care Auto, Powered by Landcar, a provider of service contracts and vehicle protection products, and 37 collision repair centers. In a significant move to expand its geographic footprint and increase revenue, Asbury recently completed the acquisition of The Herb Chambers Companies, a sizable dealership group in the Northeastern United States, which generated $3.2 billion in revenue in 2024.
To learn more about Asbury Automotive Group, visit http://www.asburyauto.com/
Company LinkedIn Page: https://www.linkedin.com/company/asbury-automotive-group/
Company Contact:
David Hult, Chief Executive Officer
770-418-8200
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