Friday, March 5, 2021

Penske Automotive Announces Agreement to Acquire Kansas City Freightliner

Acquisition expected to add $450 million in annualized revenue Penske Automotive Group, Inc., a diversified international transportation services company, announced has entered into an agreement to acquire Kansas City Freightliner (“KCFL”), a retailer of medium and heavy-duty commercial trucks.  The KCFL acquisition is expected to generate $450 million in annualized revenue, building further scale within the Company’s […]

The post Penske Automotive Announces Agreement to Acquire Kansas City Freightliner appeared first on Fleet News Daily.



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