AutoCanada Inc. is expanding its footprint in Manitoba with the acquisition of Kelleher Ford in Brandon.
The Edmonton-based group announced the purchase of the new-car dealership along with an adjoining collision centre Aug. 2. It did not disclose the financial terms of the deal.
Kelleher Ford is the largest Ford dealership in western Manitoba, and will become AutoCanada’s first location in the province outside Winnipeg, where it operates five stores.
"This high-quality operation is our second Ford dealership and initiates our presence in western Manitoba – an attractive truck market, while providing the opportunity to further expand our presence in the market," Paul Antony, AutoCanada’s executive chairman, said in a release.
AutoCanada said Kelleher Ford and its collision centre generates more than $50 million in annual revenue. The dealership has been in operation more than 25 years, most recently under Dealer Principal John Kelleher. The Ford store’s current leadership will continue operating the business going forward, AutoCanada added.
The dealership and collision centre facilities cover more than 35,000 square-feet (3,200 square-metres) and sit on seven acres (2.8 hectares) of land. The acquisition includes the underlying real estate, AutoCanada said.
AutoCanada now owns 63 new-car dealerships in Canada, as well as 18 in the United States.