HOUSTON, May 8, 2023 /PRNewswire/ --Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 206 dealerships located in the U.S. and U.K., today announced the expansion of its Texas operations with the acquisition of three Beck & Masten Buick-GMC dealerships. Two of the dealerships are located in the Houston market and are among the highest volume dealerships in their brand in the U.S. The third dealership is located in the Corpus Christi metro area and is the highest volume Buick-GMC dealership in its market. The acquisition adds to the Company's strong portfolio of 15 dealerships in the Houston market and 55 dealerships in the state of Texas. The dealerships are expected to generate $760 million in annual revenues, bringing year-to-date total acquired revenues for Group 1 to $910 million.
Read more at prnewswire.comGroup 1 Automotive Expands in Texas - Acquires Three Dealerships with Expected Annual Revenues of $760 Million
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