Policaro Group expands its operations in Southern Ontario with acquisition of retail locations
by CM Staff
This announcement follows the Policaro Group's initial expansion in the region, with Porsche Centre Kitchener-Waterloo, which broke ground in July 2021.
TORONTO — Policaro Group, a Southern Ontario luxury automotive retailer, announces the acquisition of Jaguar Waterloo, Land Rover Waterloo, and Volvo Cars Waterloo, effective April 1, 2022, expanding the group’s operations in this rapidly growing region.
“Policaro Group’s 40 plus year history is marked by our commitment to redefining the automotive experience. We are thrilled to showcase this commitment to Jaguar, Land Rover and Volvo customers and enthusiasts in the Waterloo region,” says Francesco Policaro, CEO, Policaro Group.
“We look forward to building a relationship with the manufacturers of these world-renowned brands” says Policaro.
The new dealerships join Policaro Group’s existing automobile franchises encompassing luxury brands Acura, BMW, Lexus, and Porsche. This announcement cements Policaro Group’s footprint in Southern Ontario.
“Our growth in Waterloo is reflective of its status as a global hub of innovation and investment,” says Policaro. “As one of Canada’s fastest-growing cities, home to three world-class post-secondary institutions and some of Canada’s most innovative companies, we intentionally expanded our operations in the region. We are proud to contribute to its vibrant, leading-edge culture of innovation.”
This announcement follows the Policaro Group’s initial expansion in the region, with Porsche Centre Kitchener-Waterloo, which broke ground in July 2021.
The Policaro Group reports that they are eager to build new relationships with existing and future customers of Jaguar Waterloo, Land Rover Waterloo, and Volvo Cars Waterloo.
