Group 1 Automotive expands U.K. operations with the acquisition of Soper of Lincoln BMW/MINI
10/01/24, 10:46 AM
Location
houston
lincolnshireIndustry
manufacturing
manufacturing
automotive
Group 1 Automotive, Inc., a Fortune 250 automotive retailer with operations in the U.S. and U.K., has announced the acquisition of Soper of Lincoln BMW/MINI located in the U.K. This strategic move marks an expansion of Group 1's U.K. operations and is expected to generate approximately $125 million in annual revenues.
Company Info
Location
Houston, Texas, United States
Company info
Group 1 owns and operates 188 automotive dealerships, 242 franchises, and 48 collision centers in the United States, the United Kingdom and Brazil that offer 32 brands of automobiles. Through its dealerships, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.