(RTTNews) - Group 1 Automotive, Inc. (GPI), an automotive retailer, said on Tuesday that it has acquired Soper of Lincoln BMW/MINI located in the county of Lincolnshire, U.K.
This acquisition is expected to generate around $125 million in annual revenue.
Daryl Kenningham, CEO of Group 1, said, "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 revenue in 2024, after $1.1 billion of acquired revenue in 2023.
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