---
schema_version: "secwatch.filing_event.v1"
accession: "0001031203-24-000066"
form_type: "8-K"
ticker: "GPI"
cik: "0001031203"
company_name: "GROUP 1 AUTOMOTIVE INC"
filed_at: "2024-10-01T23:59:59+00:00"
generated_at: "2026-05-30T22:58:43.884221+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Group 1 Automotive acquires BMW/MINI dealership for ~$125M annual revenue; appoints new UK CEO

## Summary
- Acquired Soper of Lincoln BMW/MINI in Lincolnshire, expected to add ~$125M in annual revenues.
- 2024 YTD acquired revenues total $3.9B, up from $1.1B in all of 2023.
- Mark Raban appointed CEO of Group 1 Automotive U.K., effective Oct 1, 2024.
- Raban, formerly CEO of Lookers Motor Group, will oversee integration of recently acquired Inchcape dealerships.
- Group 1 now operates 114 U.K. dealerships across brands including Audi, BMW/MINI, and Mercedes-Benz.

## SEC filing metadata
- accession: 0001031203-24-000066
- form_type: 8-K
- ticker: GPI
- cik: 0001031203
- company_name: GROUP 1 AUTOMOTIVE INC
- filed_at: 2024-10-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031203/000103120324000066/0001031203-24-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031203/000103120324000066/gpi-20241001.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001031203-24-000066
- JSON: https://secwatch.observer/filing/0001031203-24-000066.json
- Plain text: https://secwatch.observer/filing/0001031203-24-000066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.