Group 1 Automotive Acquires Inchcape Retail U.K. Dealerships
August 1, 2024
Group 1 Automotive completed the acquisition of Inchcape Retail's automotive operations in the United Kingdom, adding 54 dealership locations expected to generate approximately $2.7 billion in annual revenues. The deal doubles Group 1's U.K. footprint and expands its brand offering across key English regions including the Midlands, North West and Wales.
- Buyers
- Group 1 Automotive, Inc.
- Targets
- Inchcape Retail (Inchcape plc retail automotive operations)
- Sellers
- Inchcape plc
- Industry
- Automotive
- Location
- England, United Kingdom
- Transaction Type
- Divestiture
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