Group 1 acquire Spire Automotive

Group 1 Automotive has acquired Spire Automotive Limited, and its 12 sales and service dealerships, in a deal managed by UHY Hacker Young’s automotive team.

The dealerships, which will continue to operate under the Spire name, are expected to generate approximately £450 million in annualised revenues in 2016.

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Group 1 acquisition of Spire Automotive