Magnuson Ford Sales Ltd.
Landsperg Automotive Group has acquired Magnuson Ford Sales Ltd.
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Landsperg Automotive Group has acquired Magnuson Ford Sales Ltd. MNP Corporate Finance Inc. acted as exclusive financial advisor to Magnuson Ford Sales Ltd. in structuring and negotiating this transaction.
Transaction Brief
Founded in 2009, Magnuson Ford Sales Ltd. (“Magnuson”) is a family-owned full-service Ford dealership serving customers in the Fraser Valley region of British Columbia. Magnuson offers new and pre-owned Ford vehicles, trade-ins, maintenance services, certified parts, and vehicle financing.
Founded in 2012, Landsperg Automotive Group ("LAG") is a dealership group with a network of 16 dealerships serving customers in BC, Alberta, and Saskatchewan. LAG offers new vehicles from brands such as Mitsubishi, Kia, Hyundai, Honda, and Nissan, as well as a wide selection of pre-owned vehicles.
This transaction allowed the shareholders of Magnuson to implement their succession strategy while ensuring the continued growth and success of the business.