Policaro Group announced the acquisition of Jaguar Waterloo, Land Rover Waterloo, and Volvo Cars Waterloo expanding the group’s operations in the 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,” said Francesco Policaro, CEO, Policaro Group. “We look forward to building a relationship with the manufacturers of these world-renowned brands.”
The new dealerships join Policaro Group’s existing automobile franchises Acura, BMW, Lexus, and Porsche.
“Our growth in Waterloo is reflective of its status as a global hub of innovation and investment,” added 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.