Integrity Wheels Ltd.

Renfrew Auto Group Inc has acquired Integrity Hyundai Lethbridge

Renfrew Auto Group Inc. has acquired Integrity Wheels Ltd.

Industry:

Automotive

Renfrew Auto Group Inc. has acquired Integrity Wheels Ltd. MNP Corporate Finance Inc. acted as exclusive financial advisor to Integrity Wheels Ltd. in structuring and negotiating this transaction.

Transaction Brief

This transaction allowed the shareholder of Integrity Wheels Ltd. (Integrity), a Lethbridge, Alberta-based Hyundai dealer, to implement a succession strategy while ensuring the business will continue to thrive under the stewardship of the Renfrew Auto Group Inc. (Renfrew)

Integrity has been servicing the Lethbridge community since being founded in 2000.

This transaction provides Renfrew with its third location, complementing their existing dealerships: Renfrew Chrysler in Calgary and Lloydminster Nissan in Lloydminster.