LAD - Lithia enters North American powersports market via acquisition of Pfaff Harley-Davidson dealership
Lithia & Driveway (NYSE:LAD) announced their entrance into North American powersports with the acquisition of Pfaff Harley-Davidson in Toronto, Canada. This acquisition brings LAD’s total expected annualized revenue acquired in 2021 to nearly $6.3B. The company is ahead of schedule and positioned to exceed their plan to reach $50B n revenue and $50 earnings per share by 2025.
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Lithia enters North American powersports market via acquisition of Pfaff Harley-Davidson dealership