Its December purchase of Douet Motors in St. Martinville brings to eight Courtesy Automotive Group's count of dealerships with an expansive Acadiana footprint from Lafayette to Morgan City.
Within a year of purchasing Jackie Edgar Ford in Breaux Bridge in late 2010, Don Hargroder took over Douet Motors in St. Martinville, becoming that city's Chevrolet, Chrysler, Dodge, Jeep and Ram dealer. The December purchase of Douet brings to eight Courtesy Automotive Group's count of dealerships with an expansive Acadiana footprint from Lafayette to Morgan City.
Courtesy's 2011 expansion and acquisition of property on U.S. Highway 90 for future growth earned it a spot on ABiz's list of the Big Deals of 2011. But look for even bigger news to come out of this automotive group, which generated $223 million in 2010 revenues, next year. While Courtesy remains tight-lipped about what it will build on the large tract of land it purchased, the company is building a new Cadillac dealership on Ambassador Caffery, renovating its Johnston Street headquarters and expanding its facility in Breaux Bridge. Courtesy's holdings at year-end: Courtesy GMC Buick and Courtesy Cadillac in Lafayette, Courtesy GMC Buick in Abbeville, Courtesy Ford Lincoln in Breaux Bridge, Courtesy Cadillac GMC in New Iberia, Courtesy Chevrolet GMC Buick in Franklin, Courtesy Toyota Mazda in Morgan City and Courtesy Chrysler Dodge Jeep Ram in St. Martinville.
In its Dec. 28 - Jan. 24 issue, out on newsstands and direct-mailed to key business execs Wednesday, ABiz looks back on the diverse announcements, transactions, issues and happenings that helped define the local business community in the past year.