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Announced

Completed

Group 1 Automotive completed the acquisition of Mercedes-Benz of Buckhead.

Synopsis

Group 1 Automotive, an automotive dealerships and collision centers owner and operator, completed the acquisition of Mercedes-Benz of Buckhead, a luxury car dealership. Financial terms were not disclosed. "We are pleased to expand our long-standing partnership with Mercedes-Benz and grow our presence in the Atlanta market. This acquisition aligns with our strategy of investing in high-performing dealerships, and we are proud to welcome our new team members to the Group 1 family," Daryl Kenningham, Group 1 President and CEO.

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