Murgado Automotive Group Acquires Six Motor Werks Dealerships in Illinois

Murgado Automotive Group Acquires Six Motor Werks Dealerships in Illinois

The Murgado Automotive Group (MAG) has consummated a major acquisition, securing the purchase of six Motor Werks dealerships in Illinois. The move is seen as a strategic move to bolster MAG’s presence in the Midwest, as well as expand its portfolio of automotive services.

The Motor Werks dealerships, which are located in Barrington, Hoffman Estates, Lake Zurich, and Schaumburg, have a long history of providing exceptional customer service and innovative automotive solutions. According to MAG’s CEO, Todd Murgado, the addition of the six dealerships “represents a major milestone for our company and will help us better serve our customers in the region.”

The acquisition includes the Motor Werks dealerships, as well as the Motor Werks service centers, which offer a wide range of services, from oil changes and tire rotations, to engine repair and body work. Additionally, the dealerships will now offer customers access to MAG’s expansive inventory of new and used vehicles.

The transaction, which was facilitated by MAG’s legal team, was completed in a timely and efficient manner. The purchase price was not disclosed.

The acquisition is expected to have a positive impact on the region, with the six Motor Werks dealerships providing a substantial boost to the local economy. MAG has already begun the process of integrating the dealerships into its operations, and plans to provide additional jobs and training opportunities in the coming months.

The Murgado Automotive Group’s acquisition of the six Motor Werks dealerships marks a significant step in its ongoing growth and development. With the addition of these dealerships, MAG has further solidified its presence in the Midwest and is poised to continue providing customers with the highest levels of service.