Group 1 Automotive expands U.K. operations with the acquisition of Soper of Lincoln BMW/MINI
Acquiring Company
Group 1 Automotive
Acquired Company
Soper of Lincoln BMW
Houston
LincolnshireManufacturingCommerce and ShoppingTransportationRetailAutomotiveMotor Vehicle ManufacturingRetail Motor VehiclesManufacturingAutomotiveDescription
Group 1 Automotive, Inc., a Fortune 250 automotive retailer with operations in the U.S. and U.K., has announced the acquisition of Soper of Lincoln BMW/MINI located in the U.K. This strategic move marks an expansion of Group 1's U.K. operations and is expected to generate approximately $125 million in annual revenues.
Quick answer
Group 1 Automotive is acquiring Soper of Lincoln BMW, announced October 1, 2024. Group 1 Automotive is based in Houston, Texas, United States.
- How much did Group 1 Automotive pay for Soper of Lincoln BMW?
- The deal value was not disclosed.
- What does Group 1 Automotive do?
- Group 1 owns and operates 188 automotive dealerships, 242 franchises, and 48 collision centers in the United States, the United Kingdom and Brazil that offer 32 brands of automobiles.
- Where are Group 1 Automotive and Soper of Lincoln BMW based?
- Group 1 Automotive is based in Houston, Texas, United States. Soper of Lincoln BMW is based in Lincolnshire, England, United Kingdom.
- Who are the decision-makers at Group 1 Automotive?
- Fundz holds 1 contact at Group 1 Automotive. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Soper of Lincoln BMW?
Soper of Lincoln BMW was acquired by Group 1 Automotive, based in Houston. The deal was reported on October 1, 2024. Group 1 owns and operates 188 automotive dealerships, 242 franchises, and 48 collision centers in the United States, the United Kingdom and Brazil that offer 32 brands of automobiles. Group 1 Automotive is publicly traded (GPI) and operates in Manufacturing.
When did Group 1 Automotive acquire Soper of Lincoln BMW?
Group 1 Automotive's acquisition of Soper of Lincoln BMW was reported on October 1, 2024. Group 1 Automotive, Inc., a Fortune 250 automotive retailer with operations in the U.S. and U.K., has announced the acquisition of Soper of Lincoln BMW/MINI located in the U.K. This strategic move marks an expansion of Group 1's U.K. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Soper of Lincoln BMW do?
Soper of Lincoln BMW/MINI is located north of London in the county of Lincolnshire. It is involved in selling BMW/MINI automobiles and is expected to generate approximately $125 million in annual revenues. It is privately held, operating in Manufacturing, and is based in Lincolnshire.
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