Penske completes Rybrook acquisition; adds 15 UK premium dealerships with $1B annualized revenue

PENSKE AUTOMOTIVE GROUP, INC.

Acquisition of Rybrook Group Limited closed; adds 15 premium dealerships in the UK.
Brands added: BMW, MINI, Volvo, Land Rover, Porsche; three BMW locations also retail BMW Motorrad.
Estimated annualized revenue of $1 billion from acquired dealerships.
Deal previously announced; completion expands Sytner Group's UK footprint.

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