Acquisition expands dealer group’s collision repair operations in the UK.
Group 1 Automotive, Inc. (NYSE:GPI) announced the acquisition of Beadles Group Ltd, a large UK-based automotive retailer, which consists of seven brands across 12 dealerships in the southeastern portion of the greater London metropolitan market. The seven brands include Jaguar, Land Rover, Volkswagen, Skoda, Toyota, Vauxhall, and Kia, with locations in the towns of Bromley, Coulsdon, Dartford, Maidstone, Medway, Sevenoaks, Sidcup, and Southend.
With the acquisition, Group 1 operates 47 collision repair centers combined in the U.S., U.K. and Brazil.
The dealerships, which will continue to operate under the Beadles
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