July 5, 2017 / 11:26 AM / a month ago

BRIEF-Group 1 Automotive acquires UK dealership group

July 5 (Reuters) - Group 1 Automotive Inc

* Group 1 Automotive acquires significant uk dealership group

* Group 1 Automotive Inc - acquisition of beadles group ltd

* Group 1 Automotive Inc - dealerships will continue to operate under Beadles name

* Says ‍the dealerships are expected to generate approximately $330 million in annualized revenues​

* Group 1 Automotive Inc - "with this addition, our UK operations are estimated to generate over $2 billion in annualized revenues"

* Group 1 Automotive Inc - acquisition increases company's UK operations to 43 dealerships Source text for Eikon: Further company coverage:

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