GP Strategies Acquires TK Holdings and Beneast Training Subsidiary

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.