Group 1 Automotive, a Fortune 500 automotive retailer, has announced the acquisition of Mercedes-Benz of Boerne, a dealership located just outside of San Antonio, Texas. This strategic move further solidifies Group 1 Automotive’s presence in the burgeoning San Antonio metropolitan area and strengthens its partnership with the prestigious Mercedes-Benz brand. The acquisition, finalized in August 2014, is anticipated to generate approximately $135 million in annual revenue, demonstrating the significant value and market potential of Mercedes-Benz in San Antonio and the surrounding region.
“We are thrilled to expand our footprint in the San Antonio market with the acquisition of Mercedes-Benz of Boerne,” stated Earl J. Hesterberg, President and CEO of Group 1 Automotive. “This acquisition not only enhances our relationship with Mercedes-Benz but also allows us to serve a broader customer base in the San Antonio area, offering exceptional vehicles and service.”
Expanding Premier Automotive Services in the San Antonio Metropolitan Area
The addition of Mercedes-Benz of Boerne to the Group 1 Automotive family signifies an important development for luxury car enthusiasts in and around San Antonio. This dealership, now operating as Mercedes-Benz of Boerne under Group 1’s management, also includes a Mercedes-Benz Sprinter commercial vehicle franchise. This means that both individual consumers and businesses in the San Antonio area will have enhanced access to the full range of Mercedes-Benz vehicles, from luxury sedans and SUVs to versatile Sprinter vans, all backed by the reputable service and customer care of Group 1 Automotive. For those seeking a Mercedes Benz San Antonio experience, this expanded network offers more options and convenience.
About Group 1 Automotive
Group 1 Automotive stands as a leading international automotive retailer, recognized within the Fortune 500. The company’s vast network encompasses 154 dealerships, representing 197 franchises and supported by 38 collision centers across the United States, the United Kingdom, and Brazil. Group 1 Automotive offers a diverse portfolio of 34 automotive brands, ensuring a wide selection for customers. Beyond new and used vehicle sales, Group 1 Automotive provides comprehensive automotive solutions, including financing, insurance contracts, maintenance and repair services, and genuine parts. This acquisition underscores Group 1 Automotive’s commitment to strategic growth and to providing exceptional automotive experiences within key markets like San Antonio.
For individuals and businesses in San Antonio looking for Mercedes-Benz vehicles and services, the acquisition of Mercedes-Benz of Boerne by Group 1 Automotive represents a positive step forward, promising an even greater selection and enhanced customer service within the local market. Group 1 Automotive encourages customers to explore their offerings and experience the difference.
