Walser Automotive Expands with Chicago Nissan Acquisition
October 2, 2020
Minnesota-based Walser Automotive Group is entering into the Chicagoland region with the acquisition of Continental Nissan in Countryside, IL.
Walser Automotive Group, a Minneapolis-area based dealer group, has announced it will buy Continental Nissan of Countryside, Illinois. The single-point purchase, which closed October 1, will mark Walser Automotive Group’s entrance into the Chicagoland market. The store will transition to the name of Countryside Nissan.
“Continental Nissan and the Continental Automotive Group have a longstanding history in the greater Chicago area. Their commitment to serving their employees, customers, and the community reflect our values and the way that Walser does business,” said Walser Automotive Group CEO Andrew Walser. “We are thrilled to carry on that legacy of success.”
The purchase is Walser Automotive Group’s second acquisition this year, buying into the newly formed Hello Auto Group in May, a three-rooftop dealer group based in Santa Clarita, CA.
“This year has been a tremendous challenge for everyone. Thankfully, we were able to pivot quickly from surviving to thriving,” Andrew Walser said. The group has focused heavily on its platform of digital retailing and transacting car deals online through the development of its own in-house software, a suite of products under the umbrella of FUSE AutoTech.
“This has really allowed us to continue selling and servicing safely while keeping our eyes open for acquisition opportunities such as this. We are excited to take this next step into a dynamic Midwest market,” Walser said.
Walser Automotive Group operates 17 new and used vehicle retail locations in greater-Minneapolis / St. Paul, Minn. It also operates nine luxury new and used stores on the Walser Auto Campus in Wichita, Kansas, which was acquired in 2016.
About Walser Automotive Group
Through over 65 years of service, Walser Automotive Group has become a pioneer in the automotive industry. Walser operates 26 dealerships featuring major and luxury brands throughout Minnesota and Kansas. Walser is committed to giving back to the communities in which its employees live and work by setting aside five percent of all annual pre-tax earnings to the Walser Foundation to support local nonprofit education and workforce development initiatives.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201002005386/en/