Twin Cities Automotive, part of the Pohlad Companies, announced that it has completed its acquisition of highend luxury dealerships from LeJeune Investment, Inc.
With the deal closed, Twin Cities Automotive now has six luxury auto dealerships in the Twin Cities, including Audi St. Paul (formerly Maplewood Audi), Audi Minneapolis (formerly Carousel Audi), BMW of Minnetonka, MercedesBenz of
Maplewood, Porsche of St. Paul (formerly Porsche of Maplewood) and Porsche of Minneapolis (formerly Carousel Porsche). “We are pleased to complete this major acquisition, which brings together two industry-leading organizations under the Twin Cities Automotive name and doubles the size of our holdings,” said Jay Hulbert, president. “We appreciate all of our employees who worked hard to complete the deal.”