The Drewing family has announced the sale of the Joe Machens dealerships to McLarty Automotive Group of Little Rock, Arkansas.
The deal was announced on Wednesday, October 28th.
Under the agreement, the dealerships will continue to operate under the Joe Machens brand name.
"As a participant in the automotive industry since 1921, the McLarty Automotive Group understands the key importance of people and relationships to the success of dealerships," said Gary R. Drewing Sr, President of Joe Machens Dealerships. "We are delighted that the 46-year old Joe Machens heritage, as well as its commitment to exceptional customer service, will continue under the proven leadership of McLarty Automotive Group, and that our valued employees will remain core to the team within the dealerships."
"Gary and Rusty Drewing have developed an outstanding team and one of the leading dealership groups in the Midwest," Mark McLarty, Chairman of McLarty Automotive Group, said. "We are honored to continue that tradition of excellence which depends on so many talented employees, and we are committed to ensuring a smooth transition that enables the dealerships to continue to serve the community and customer base."
The Joe Machens BMW and Mercedes-Benz dealerships, however, will continue to be owned by the Drewings.
They will become BMW of Columbia and Mercedes-Benz of Columbia.