Penske Automotive Group completed the acquisition of Rybrook Group.

Penske Automotive Group, a diversified international transportation services company, completed the acquisition of Rybrook Group, consisting of 15 premium dealerships in the United Kingdom. Financial terms were not disclosed. The purchase consists of four BMW dealerships, four MINI dealerships, four Volvo dealerships, two Land Rover dealerships and one Porsche dealership. Three of the BMW locations also retail BMW Motorrad motorcycles. The dealerships represent estimated annualized revenues of $1bn.