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The Presidio Group Exclusively Advised Asbury Automotive Group on the Sale of Kia of Owings Mills to Stivers Automotive Group

$ABGPress releaseOct 21, 2026, 8:34 AM ETRead the release

Asbury Automotive Group completed the sale of Kia of Owings Mills and its related real estate to Stivers Automotive Group, with the transaction closing Oct. 19. The divestiture advances Asbury's portfolio-management strategy of concentrating resources on its core business and key expansion opportunities; no transaction value was disclosed.

Key figures

Deal close date
Oct. 19, 2026
Collision centers divested 2026
1
Dealerships divested 2026 by presidio for asbury
10

AI analysis

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