Luther Automotive acquires Eich Mazda & Volkswagen in Minnesota

Luther Automotive Group acquired Eich Mazda and Eich Volkswagen in St. Cloud, Minnesota from Linda Eich-Desjardins in a transaction advised by Performance Brokerage Services. The dealerships will continue operating under their existing names, marking a transition from one long-standing family-owned operation to another while maintaining continuity in the market.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

Deal Details:
Seller: Linda Eich-Desjardins
Buyer: David Luther and Luther Automotive Group
Transaction Date: Not disclosed in report

Rebranded Dealerships:
Eich Mazda → Eich Mazda (name retained)
Eich Volkswagen → Eich Volkswagen (name retained)

Advisor/Facilitator: Performance Brokerage Services (Sell-side advisor)