New owners for Mercedes-Benz of Brooklyn
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Kadre, Codina, Wells/Sovereign
BUYERS: Manny Kadre, Armando Codina and Doug Wells
SELLER: Sovereign Motor Cars (Alan Feldman and Edward Feldman)
NAME: Mercedes-Benz of Brooklyn, New York
MORE: Wells was formerly general manager of Ray Catena Mercedes-Benz in Edison, N.J. Presidio advised on the sale.
Norton/Sonic
BUYER: Jim Norton Auto Group
SELLER: Sonic Automotive
OLD NAME: Momentum Toyota Northwest, Oklahoma City
NEW NAME: Jim Norton Toyota
MORE: Bill Scrivner of Pinnacle Mergers and Acquisitions advised on the sale.
DiBre/Group 1
BUYER: DiBre Auto Group
SELLER: Group 1 Automotive
OLD NAME: Performance Nissan, Duarte, Calif.
NEW NAME: Nissan of Duarte
MORE: Bill Scrivner and Mike Sims of Pinnacle Mergers and Acquisitions advised on the sale.
Peebles/Levine
BUYER: Mike Peebles
SELLERS: Sam and Rick Levine
NAME: Columbine Ford, Rifle, Colo.
MORE: Tim Wild of Tim Lamb Group advised on the sale.
Taylor/Ahl
BUYER: Steve Taylor
SELLER: Tom Ahl
OLD NAME: Tom Ahl Hyundai, Findlay, Ohio
NEW NAME: Taylor Hyundai of Findlay
MORE: Tim Lamb of Tim Lamb Group advised on the sale.
Gordon and Silverio/Laurenzo
BUYERS: Tommy Gordon and Steve Silverio
SELLER: Fred Laurenzo
OLD NAME: Frederick's Chevy on the Boulevard, Philadelphia
NEW NAME: Gordon Chevrolet
MORE: Bob Morris of Tim Lamb Group advised on the sale.
Garff/Reed
BUYER: Ken Garff Automotive Group
SELLER: Randall Reed
OLD NAME: Planet Dodge-Chrysler-Jeep-Ram, Humble, Texas
NEW NAME: Texan Dodge-Chrysler-Jeep-Ram
MORE: Bob Morris of Tim Lamb Group advised on the sale.
Wallace/Suburban
BUYER: Bill Wallace, Wallace Automotive Group
SELLER: Suburban Collection, Troy, Mich.
OLD NAME: Suburban Chevrolet of Stuart, Stuart, Fla.
NEW NAME: Wallace Chevrolet
MORE: The dealership's annual revenue is $50 million.
