Group 1 automotive announces acquisition of two dealerships in texas

Houston, oct. 4, 2021 /prnewswire/ --  group 1 automotive, inc. (nyse: gpi), ("group 1" or the "company" or the "buyer"), an international, fortune 500 automotive retailer with 190 dealerships located in the u.s., u.k., and brazil, today announced the acquisition of classic chrysler dodge jeep ram of denton and classic mazda of denton within the greater dallas-fort worth metro area of texas.  these two stores are expected to generate approximately $150 million in annualized revenues.
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