Prime Automotive Group, which has 30 dealerships in the northeast, primarily near Boston, has been acquired by a Houston-based auto group that has locations across the country as well as in Brazil and the United Kingdom.
The deal, which was announced Monday, gives Group 1 Automotive a far stronger footprint in the Northeast and pushes its dealership count to 218 internationally. American locations account for 147 dealerships.
WATCH ANYTIME FOR FREE
Stream NBC10 Boston news for free, 24/7, wherever you are. |
More on this story from Boston Business Journal
Get updates on what's happening in Boston to your inbox. Sign up for our News Headlines newsletter.
Copyright Boston Business Journal