Luther Automotive Group acquired Eich Mazda and Eich Volkswagen in St. Cloud, Minnesota from Linda Eich-Desjardins in a transaction advised by Performance Brokerage Services. The dealerships will continue operating under their existing names, marking a transition from one long-standing family-owned operation to another while maintaining continuity in the market.
Deal Details:
Seller: Linda Eich-Desjardins
Buyer: David Luther and Luther Automotive Group
Transaction Date: Not disclosed in report
Rebranded Dealerships:
Eich Mazda → Eich Mazda (name retained)
Eich Volkswagen → Eich Volkswagen (name retained)
Advisor/Facilitator: Performance Brokerage Services (Sell-side advisor)
