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Asbury Automotive Group acquires the Herb Chambers Companies

July 2025

Client(s) Asbury Automotive Group, Inc.

Jones Day advised Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the United States, in its acquisition of various automotive dealerships owned by The Herb Chambers Companies for approximately $1.45 billion in cash. The acquisition includes 33 new vehicle dealerships, 52 franchises, and three collision centers.

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