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Group 1 Automotive Acquires High Volume Luxury Brand Dealership

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Group 1 Automotive (NYSE: GPI) has announced the acquisition of Mercedes-Benz of Buckhead in Atlanta, Georgia, expanding its Southeastern U.S. presence to 29 dealerships. The high-performing luxury dealership is expected to generate $210 million in annual revenues.

This acquisition adds to Group 1's portfolio of 33 Mercedes-Benz dealerships across the U.S. and U.K. The company has acquired an estimated $640 million in annual revenues in 2025, following $3.9 billion of acquired revenues in 2024. Group 1 currently operates 259 automotive dealerships, 324 franchises, and 39 collision centers across both countries.

Group 1 Automotive (NYSE: GPI) ha annunciato l'acquisizione di Mercedes-Benz of Buckhead ad Atlanta, Georgia, ampliando la sua presenza nel Sud-Est degli Stati Uniti a 29 concessionarie. La concessionaria di lusso ad alte prestazioni è prevista generare 210 milioni di dollari di ricavi annui.

Questa acquisizione si aggiunge al portafoglio di Group 1, che conta 33 concessionarie Mercedes-Benz negli Stati Uniti e nel Regno Unito. La società prevede di raggiungere ricavi annui stimati di 640 milioni di dollari nel 2025, dopo aver acquisito ricavi per 3,9 miliardi di dollari nel 2024. Attualmente, Group 1 gestisce 259 concessionarie automobilistiche, 324 franchise e 39 centri di collisione in entrambi i paesi.

Group 1 Automotive (NYSE: GPI) ha anunciado la adquisición de Mercedes-Benz of Buckhead en Atlanta, Georgia, ampliando su presencia en el sureste de EE.UU. a 29 concesionarios. Se espera que este concesionario de lujo de alto rendimiento genere 210 millones de dólares en ingresos anuales.

Esta adquisición se suma al portafolio de Group 1, que cuenta con 33 concesionarios Mercedes-Benz en EE.UU. y el Reino Unido. La compañía estima ingresos anuales de 640 millones de dólares en 2025, tras haber adquirido ingresos por 3.9 mil millones de dólares en 2024. Actualmente, Group 1 opera 259 concesionarios de automóviles, 324 franquicias y 39 centros de colisión en ambos países.

Group 1 Automotive (NYSE: GPI)� 조지아주 애틀랜타� 위치� Mercedes-Benz of Buckhead� 인수하여 미국 남동부 지� � 29� 딜러�으로 확장했다� 발표했습니다. � 고성� 럭셔� 딜러십은 연간 2� 1천만 달러� 매출� 창출� 것으� 예상됩니�.

이번 인수� Group 1� 미국� 영국 전역에서 운영 중인 33� Mercedes-Benz 딜러� 포트폴리오에 추가됩니�. 회사� 2024년에 39� 달러� 인수 매출� 기록� � 2025년에� 연간 � 6� 4천만 달러� 매출� 달성� 것으� 추정하고 있습니다. 현재 Group 1은 � 나라에서 259� 자동� 딜러�, 324� 프랜차이�, 39� 충돌 수리 센터� 운영하고 있습니다.

Group 1 Automotive (NYSE : GPI) a annoncé l'acquisition de Mercedes-Benz of Buckhead à Atlanta, en Géorgie, étendant ainsi sa présence dans le sud-est des États-Unis à 29 concessions. Cette concession de luxe performante devrait générer 210 millions de dollars de revenus annuels.

Cette acquisition vient s'ajouter au portefeuille de Group 1, qui compte 33 concessions Mercedes-Benz aux États-Unis et au Royaume-Uni. La société prévoit un chiffre d'affaires annuel estimé à 640 millions de dollars en 2025, après avoir acquis 3,9 milliards de dollars de revenus en 2024. Group 1 exploite actuellement 259 concessions automobiles, 324 franchises et 39 centres de carrosserie dans ces deux pays.

Group 1 Automotive (NYSE: GPI) hat die Übernahme von Mercedes-Benz of Buckhead in Atlanta, Georgia, bekannt gegeben und erweitert damit seine Präsenz im Südosten der USA auf 29 Autohäuser. Das leistungsstarke Luxus-Autohaus wird voraussichtlich 210 Millionen US-Dollar Jahresumsatz erwirtschaften.

Diese Übernahme ergänzt das Portfolio von Group 1 um 33 Mercedes-Benz Autohäuser in den USA und Großbritannien. Das Unternehmen erwartet für 2025 geschätzte 640 Millionen US-Dollar Jahresumsatz, nach 3,9 Milliarden US-Dollar erworbenen Umsätzen im Jahr 2024. Group 1 betreibt derzeit 259 Autohäuser, 324 Franchise-Betriebe und 39 Karosseriezentren in beiden Ländern.

Positive
  • Expected to add $210 million in annual revenues from the Mercedes-Benz dealership
  • Expansion of luxury brand portfolio in the strategic Atlanta market
  • Total acquisitions of $640 million in annual revenues for 2025
  • Strong acquisition momentum following $3.9 billion in acquired revenues in 2024
Negative
  • Significant integration risks with recent and future acquisitions
  • Exposure to economic uncertainties and inflation impacts
  • Vulnerability to supply chain disruptions and vehicle inventory challenges
  • Foreign exchange risks from UK operations

Insights

Group 1's Mercedes-Benz acquisition strengthens luxury portfolio and expands Southeast presence with $210M in expected annual revenues.

This acquisition of Mercedes-Benz of Buckhead represents a strategic expansion of Group 1 Automotive's luxury portfolio in a key metropolitan market. The $210 million in expected annual revenues is significant, especially when viewed alongside Group 1's year-to-date acquisition activity - now reaching $640 million in estimated annual revenues for 2025, following an impressive $3.9 billion in acquired revenues during 2024.

The addition bolsters Group 1's already substantial Mercedes-Benz footprint, bringing their total to 33 Mercedes dealerships across the U.S. and U.K. This further entrenches their partnership with one of the world's premier luxury automotive brands, which typically generates higher-than-average per-vehicle profits and service department revenues.

The Atlanta market represents valuable territory due to its affluent demographics, particularly in the Buckhead area which is known for luxury retail. This acquisition increases Group 1's Southeastern U.S. presence to 29 dealerships, creating additional regional scale efficiencies in marketing, inventory management, and operational oversight.

This deal aligns with the broader consolidation trend in automotive retail where larger groups are acquiring high-performing dealerships to gain scale advantages. The focus on luxury brands is particularly noteworthy as these segments typically demonstrate greater resilience during economic downturns and generate higher profit margins through both vehicle sales and the service department.

  • Expected to Generate $210 Million in Annual Revenues

HOUSTON, Aug. 4, 2025 /PRNewswire/ --Group 1 Automotive, Inc. (NYSE: GPI)("Group 1" or the "Company"),a Fortune 250 automotive retailer with 259 dealerships located in the U.S. and U.K., today announced the addition of Mercedes-Benz of Buckhead to its luxury brand portfolio. This high performing dealership, located in Atlanta, Georgia, expands the Company's footprint in the Southeastern U.S. to 29 dealerships.

Mercedes-Benz of Buckhead is expected to generate $210 million in annual revenues. Group 1 owns 33 Mercedes-Benz dealerships in the U.S. and the U.K.

"We are pleased to expand our long-standing partnership with Mercedes-Benz and grow our presence in the Atlanta market," said Group 1 President and CEO Daryl Kenningham. "This acquisition aligns with our strategy of investing in high-performing dealerships, and we are proud to welcome our new team members to the Group 1 family."

Group 1 has now acquired an estimated $640 million of annual revenues in 2025, which follows $3.9 billion of acquired revenues in 2024.

ABOUT GROUP 1 AUTOMOTIVE, INC.

Group 1 owns and operates 259 automotive dealerships, 324 franchises, and 39 collision centers in the United States and the United Kingdom that offer 36 brands of automobiles.Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts.

Group 1 discloses additional information about the Company, its business, and its results of operations at , , , , and .

FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements often include statements regarding our strategic investments, goals, plans, projections and guidance regarding our financial position, results of operations and business strategy, including the annualized revenues of recently completed acquisitions or dispositions and other benefits of such currently anticipated or recently completed acquisitions or dispositions. These forward-looking statements often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the impacts of sustained levels of inflation, (c) developments in U.S. and global trade policy, including the imposition by the U.S. of significant tariffs on the import of automobiles and certain materials used in our parts and services business and the resulting consequences (including, but not limited to, retaliatory tariffs by non-U.S. nations, supply chain disruptions, vehicle and part cost increases and demand decreases, and potential recessions in the U.S. and U.K.), (d) the level of manufacturer incentives, (e) our ability to comply with extensive laws, regulations and policies applicable to our operations, including BEV mandates in the U.K. (f) our ability to obtain an inventory of desirable new and used vehicles (including as a result of changes in the international trade environment), (g) our relationship with our automobilemanufacturers and the willingness of manufacturers to approve future acquisitions, (h) our cost of financing and the availability of credit for consumers, (i) our ability to complete acquisitions and dispositions, on a timely basis, if at all and the risks associated therewith, (j) our ability to successfully integrate recent and future acquisitions and realize the expected benefits from consummated acquisitions, (k) foreign exchange controls and currency fluctuations, (l) the armed conflicts in Ukraine and the Middle East, (m) our ability to maintain sufficient liquidity to operate, and (n) a material failure in or breach of our vendors' information technology systems and other cybersecurity incidents. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

Investor contacts:
Terry Bratton
Manager, Investor Relations
Group 1 Automotive, Inc.
[email protected]

Media contacts:
Pete DeLongchamps
Senior Vice President, Financial Services and Manufacturer Relations
Group 1 Automotive, Inc.
[email protected]

Kimberly Barta
Head of Marketing and Communications
Group 1 Automotive, Inc.
[email protected]

or

Jude Gorman / Clayton Erwin
Collected Strategies
[email protected]

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SOURCE Group 1 Automotive, Inc.

FAQ

What is the expected annual revenue from Group 1's Mercedes-Benz of Buckhead acquisition?

The Mercedes-Benz of Buckhead dealership is expected to generate $210 million in annual revenues.

How many Mercedes-Benz dealerships does Group 1 Automotive now own?

Group 1 Automotive owns 33 Mercedes-Benz dealerships across the United States and United Kingdom.

What is Group 1 Automotive's (GPI) total dealership count after the acquisition?

Group 1 Automotive operates 259 automotive dealerships, along with 324 franchises and 39 collision centers in the U.S. and U.K.

How much has Group 1 Automotive acquired in annual revenues for 2025?

Group 1 Automotive has acquired an estimated $640 million in annual revenues in 2025, following $3.9 billion of acquired revenues in 2024.

How many dealerships does Group 1 now have in the Southeastern U.S.?

With the addition of Mercedes-Benz of Buckhead, Group 1 has expanded its footprint to 29 dealerships in the Southeastern United States.
Group 1 Automotive Inc

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