GP Strategies Acquires TK Holdings and Beneast Training Subsidiary

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GP Strategies Corporation
GPX
, the corporate parent of global performance improvement solutions provider General Physics Corporation, announced that GP's wholly-owned subsidiary, General Physics (
UK
) Ltd, has acquired the entire share capital of TK Holdings Ltd and its subsidiary Beneast Training Ltd, an independent training provider located in the United Kingdom. Beneast generated revenue of $8 million for the year ending July 2011 and GP Strategies anticipates that the acquired business will be accretive to earnings-per-share in 2011.
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