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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