Group 1 have acquired five Mercedes-benz and three SMART dealerships in Bury St. Edmunds, Cambridge, King’s Lynn, Norwich, and Peterborough from the Robinsons Motor Group.
The move is set to create approximately $260m (£189m) in annual revenues for the group. Group 1 now operate 47 dealerships in the UK and are rated 9 in the Motor Trader Top 200 with annual turnover of £1.7bn.
Robinsons is rated 40 in the motor Trader Top 200 dealer groups with annual turnover of £378.2m.
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(source information: Group1 & Motor trader)