Group 1 Automotive Announces the Acquisition of Soper of Lincoln BMW/MINI in the U.K.
Group 1 Automotive, Inc. (GPI)
Last group 1 automotive, inc. earnings: 2/5 07:07 am
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group1corp.com
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Source: PR Newswire
2024 YTD Acquired Revenues total $3.9 BillionHOUSTON, Oct. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced the expansion of its U.K. operations with the acquisition of Soper of Lincoln BMW/MINI located north of London in the county of Lincolnshire. This acquisition is expected to generate approximately $125 million in annual revenues. Group 1's Chief Executive Officer Daryl Kenningham stated, "We want to welcome our new teammates from Soper of Lincoln to the Group 1 family and are delighted to expand our operations with these great brands. Our strong relationship with the manufacturer and our experience in this market area make this a terrific addition to our U.K. operations."Group 1 has now acquired an estimated $3.9 billion of annual revenues in 2024, which follows $1.1 billion of acquired revenues in 2023.ABOUT GROUP 1 AUTOMOTIVE, INC.G
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GPI
Earnings
- 10/30/24 - Miss
GPI
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 144
- 11/13/24 - Form 8-K
- GPI's page on the SEC website