Kunes Auto & RV Group, one of the Midwest’s fastest-growing automotive and RV dealership groups, announced the completion of three strategic acquisitions that significantly expand the company’s footprint in two key markets: the Twin Cities metro area and Chicago’s prestigious North Shore.
In Minnesota, the company acquired two dealerships, now named Kunes Apple Valley and Kunes Valley GMC in Hastings, from the family-owned Valley Automotive Group. In Illinois, Kunes acquired Kunes Lakes Chevrolet in Lake Bluff from The Exchange, a prominent Chevrolet dealership group.
The Minnesota expansion marks the company’s first entry into the Twin Cities market. The Valley Automotive Group acquisition represented a compelling succession story, with the family-run business seeking a buyer who would preserve their values and commitment to employees. As fellow family-owned businesses, Kunes proved to be the right cultural fit. Members of the previous owner’s family will continue to lead the Minnesota operations.
The Lake Bluff acquisition positions Kunes directly in the Chicago suburbs for the first time, bringing the company closer to the city than ever before. Located on Chicago’s North Shore, Kunes Lakes Chevrolet is a high-end Chevrolet dealership serving one of the region’s most vibrant communities. For Greg Kunes, President and a Chicago-area native, this opportunity holds special significance as it strengthens the company’s relationship with his hometown market.
“These acquisitions represent major growth for us in two very exciting markets,” said Scott Kunes, Kunes’ chief operating officer and managing director. “We’ve been eager to enter the Twin Cities market and strengthen our relationship with the Chicago North Shore community. Both acquisitions align perfectly with our commitment to putting people first and building lasting relationships.”
True to the company’s values-driven approach, Kunes is working to keep existing staff in place at all three locations to support the transition and continue the success these dealerships have achieved that made them attractive acquisitions, the company said.
These deals mark significant milestones for the Delavan, Wisconsin-based company. The Lake Bluff location represents Greg Kunes’ 53rd acquisition since the company began its expansion in 1996. Kunes now operates 45 total locations across the Midwest, having grown from six locations just 12 years ago.
