Group 1 Automotive agrees to buy Hennessy dealership assets and real estate for about $1.3 billion

• Group 1 Automotive agreed to buy Hennessy Automobile Companies’ dealership assets and real estate in the Atlanta market for about USD 1.3 billion.
• The deal covers 10 dealerships with about 500 service bays; expected to add about USD 1.7 billion in annualized revenue.
• Atlanta footprint would rise to 15 dealerships, making it Group 1’s second-largest market by revenue.
• Group 1 plans to fund the purchase with new debt backed by a bridge commitment; closing targeted by year-end 2026.
• The acquisition is expected to be immediately accretive to earnings per share upon closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Group 1 Automotive Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: DA15017) on July 30, 2026, and is solely responsible for the information contained therein.