Group 1 Automotive (GPI) Doubles Footprint in the U.K.

May 7, 2012 4:17 PM EDT
Group 1 Automotive, Inc. (NYSE: GPI) has acquired the Essex Audi Group dealerships in the Southeast region of England. The group is composed of six Audi franchises that are expected to generate approximately $275 million in estimated annual revenues and will complement Group 1's five existing BMW/MINI dealerships in the region.

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