Penske Automotive Group announced Monday its acquisition of a Land Rover dealership in what the company considers a key strategic market in the Northeast.

The dealership — located in Darien, Conn. — is expected to generate an estimated $50 million in annual revenue.

Robert Kurnick, Jr., president of Penske Automotive Group, believes the acquisition is a valuable addition to the company’s current lineup in the state.

“We are pleased to add the Land Rover brand to our existing automotive dealership operations in Connecticut,” Kurnick said. “For almost 30 years, this dealership has been serving customers in Darien, Greenwich, Westport and Stamford with a dedication to customer service.

"This brand complements our existing presence with Audi, BMW, Honda, Mercedes-Benz, and Porsche in the Connecticut market and connects our business from Fairfield, through Darien and into Greenwich, allowing us to continue scaling our operations," he went on to say.