N.H. dealer reacquires Nissan dealership

Key Auto Group, of Portsmouth, N.H., which acquired two stores in April, was on the selling end of its latest transaction.

Johanna Cicotte on Wednesday bought Key Nissan of Lebanon in New Hampshire — a dealership she had owned before.

Key Auto in 2019 acquired the store, then known as Team Nissan North, from Victoria Marcinkevich, according to Valley News. Marcinkevich had purchased the store from Cicotte in 2012, the newspaper reported.

Terms of the Key-Cicotte transaction were not disclosed, but the dealership has been renamed Nissan of Lebanon.

The Nissan dealership is across the street from Cicotte’s other store, Volvo-Volkswagen of Lebanon. Lebanon is near the New Hampshire-Vermont border.

Last month, Key Auto acquired Newcastle Chrysler-Dodge-Jeep-Ram in Maine and Newport Chevrolet-Buick-GMC in New Hampshire. In 2020, Key acquired Port City Chrysler-Dodge-Ram in Portsmouth and a Chrysler-Dodge-Jeep-Ram store in Rochester, N.H.

Nancy Phillips Associates, a dealership buy-sell firm in Exeter, N.H., handled the Key-Cicotte transaction.