ARLINGTON, Va. -- (Business Wire)

Graham Holdings Company (NYSE: GHC) announced today that Graham Ourisman Automotive has acquired a Toyota dealership in Henrico, VA from McGeorge Toyota. The purchase price was not disclosed.

Christopher J. Ourisman, a member of the Ourisman Automotive Group family of dealerships, and his team of industry professionals will operate and manage the dealership. Graham Holdings Company holds a 90% stake.

The Company is also pleased to announce that Graham Ourisman Automotive has been awarded a KIA Open Point dealership in Bethesda, MD with plans to commence operations by the end of the year.

Graham Ourisman Automotive also owns six other automotive dealerships: Ourisman Lexus of Rockville, Ourisman Honda of Tysons Corner, Ourisman Jeep Bethesda, Ourisman Ford of Manassas, Toyota of Woodbridge and Ourisman Chrysler Dodge Jeep Ram of Woodbridge.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230927507003/en/

Contacts:

Pinkie Mayfield
Pinkie.Mayfield@ghco.com
(703) 345-6450

Source: Graham Holdings Company