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AutoCanada Completes Sale of Crystal Lake Chrysler Dodge Jeep Ram
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AutoCanada Completes Sale of Crystal Lake Chrysler Dodge Jeep Ram
Jul 30, 2025 5:58 AM

08:43 AM EDT, 07/30/2025 (MT Newswires) -- AutoCanada ( AOCIF ) , a multi-location North American automobile dealership group, on Wednesday said it completed the sale of Crystal Lake Chrysler Dodge Jeep Ram located in Crystal Lake, Illinois, as part of the definitive sale agreements announced on July 16.

The company received approximately $9.9 million in cash on the sale, which included $3.5 million for goodwill and fixed assets and $6.4 million for real estate and excluding inventory and net working capital, with proceeds directed towards reducing the outstanding balance of the company's revolving credit facility.

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