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The Dilawri Group of Companies has entered the U.S. market by acquiring Ferrari of Washington and Maserati of Washington. The acquisition of the Washington, D.C., dealerships is Dilawri’s first strategic expansion into the U.S. market.
“Dilawri has built its reputation as an industry leader in Canada by successfully representing the world’s most desirable automotive brands,” said Kap Dilawri, company co-founder. “We believe these dealerships will be an excellent opportunity to establish our presence in the U.S. market.”
Situated in a prominent business hub in the National Capital Region, these high-profile dealerships will allow Dilawri to demonstrate its ongoing commitment and ability to successfully welcome and integrate established dealerships into its portfolio.
“We are confident that these dealerships will be an outstanding addition to the Dilawri Group of Companies,” added co-founder, Ajay Dilawri. “These iconic brands align with our strategy and open the door to exciting new possibilities in the vibrant North American automotive marketplace.”
Ettore Gattolin, the current VP, mergers, acquisitions and special projects for Dilawri, will become VP, U.S. operations.
“Our expansion into the U.S. market comes at an opportune time, as both manufacturers are planning to introduce strategically important new product offerings” said Gattolin. “I look forward to working with the best-in-class teams currently in place, and to providing the exceptional customer service that has become a Dilawri hallmark.”