Ed Morse Auto Group Acquires Mo. Kia Store
Purchase adds its eighth dealership in the state, which it entered in 2021.
The Kia dealership is the auto group's second store in Rolla, Mo.
IMAGE: Kia
The Ed Morse Automotive Group acquired Kingdom Kia in Rolla and will rename it Ed Morse Kia Rolla. The group purchased the dealership at 2600 North Bishop Ave. from Lawrence West Jr. and the West family. The transaction was brokered by Robert Turbyfill and the Dave Cantin Group.
It's the company’s eighth dealership in Missouri and its second in Rolla, joining Ed Morse Chevrolet Buick GMC. The acquisition will add 65 employees to its 2,300-plus employee base, growing its locations to 44 dealerships with 70 automotive franchises, 19 motorcycle franchises and 31 brands.
“It was 2021 when we first ventured into Missouri by purchasing dealerships in Lebanon and St. Robert. With this now being our eighth acquisition in the state, it is quite evident our drive to expand further within the region. This dealership fit perfectly into our family-owned model with a proven employee base, committed clientele from Rolla to Jefferson City to Springfield, and a growth-ready infrastructure,” said Ed Morse Automotive Group Chairman and CEO Teddy Morse.
Kingdom Kia has been a family-owned new- and used car dealership in Rolla since 2008. Ed Morse Automotive Group's other Missouri locations include Lebanon, Saint Robert and California.
Originally posted on Auto Dealer Today
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