Mercedes Benz Of Palm Beach

New Country Motor Car Group has announced the acquisition of “Mercedes Benz of Palm Beach” and all associated real estate from Richard Bastin for an undisclosed sum. New Country Motor Car Group of Saratoga Springs, NY is a premier automotive retailer with locations throughout New York, Connecticut and now Florida. The New Country Group is approximately the 37th largest retailer in the United States based on sales revenue. The West Palm Beach transaction is the company’s first in Florida. Mercedes-Benz of Palm Beach is one of the highest volume Mercedes-Benz dealerships in the United States. The transaction also includes the prestigious Maybach franchise. MD Johnson, Inc served as the exclusive transaction advisor to New Country and the company’s principal, Michael J. Cantanucci. MD Johnson, Inc initiated, negotiated and managed the transaction on behalf of New Country. The transaction closed and ownership changed on January 31st. Along with Michael Cantanucci and New Country, the new management and ownership includes Brian Bastin, son of the previous owner, Richard Bastin.