Group 1 Automotive Acquires Two Denton, Texas Dealerships
October 4, 2021
Group 1 Automotive, Inc. announced the acquisition of Classic Chrysler Dodge Jeep Ram of Denton and Classic Mazda of Denton, expanding its presence in the Dallas–Fort Worth market. The two stores are expected to generate approximately $150 million in annualized revenues and increase Group 1's footprint in the region.
- Buyers
- Group 1 Automotive, Inc.
- Targets
- Classic Chrysler Dodge Jeep Ram of Denton, Classic Mazda of Denton
- Industry
- Automotive
- Location
- Texas, United States
- Transaction Type
- Buyout
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