Home Industries Banking & Finance Darrow Automotive acquires two Mazda dealers in Carolinas

Darrow Automotive acquires two Mazda dealers in Carolinas

Darrow Automotive Group has purchased the assets and franchise of Mazda dealers in North and South Carolina, giving the group 13 locations, primarily in the southeast U.S.

Darrow Automotive Group, a Wisconsin-based auto dealership group, recently purchased the franchise and assets of Harrelson Mazda in Charlotte, N.C., and Carolina Mazda of Rock Hill, S.C. Terms of the purchases were not disclosed. In June, Darrow Automotive acquired six dealerships in the Augusta, Ga., market. It now owns 13 dealership locations in Illinois, North and South Carolina and Georgia.

The company has purchased many of its dealerships in the southeast U.S. because of the high growth there, Russ Darrow III, president and chief executive officer, said previously. "We’ve come to like that market (the Southeast) a lot," he said. "The government is adding billions to the military base there, an energy plant there is adding 15,000 jobs. The university is doubling the size of its campus. The local economy is very good. There’s dynamic growth. That’s why we’re going to those markets."

Darrow Automotive Group has purchased the assets and franchise of Mazda dealers in North and South Carolina, giving the group 13 locations, primarily in the southeast U.S.

Darrow Automotive Group, a Wisconsin-based auto dealership group, recently purchased the franchise and assets of Harrelson Mazda in Charlotte, N.C., and Carolina Mazda of Rock Hill, S.C. Terms of the purchases were not disclosed. In June, Darrow Automotive acquired six dealerships in the Augusta, Ga., market. It now owns 13 dealership locations in Illinois, North and South Carolina and Georgia.

The company has purchased many of its dealerships in the southeast U.S. because of the high growth there, Russ Darrow III, president and chief executive officer, said previously. "We've come to like that market (the Southeast) a lot," he said. "The government is adding billions to the military base there, an energy plant there is adding 15,000 jobs. The university is doubling the size of its campus. The local economy is very good. There's dynamic growth. That's why we're going to those markets."

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