Yorkshire-based DM Keith has acquired Ringways Motor Group for an undisclosed sum.
DM Keith, which currently represents Skoda, Seat Cupra and Honda, is rated 93 in the Motor Trader Top 200 Dealer Groups with annual turnover of £149.9m.
Ringways Motor Group is rated 134 in the Top 200 with annual turnover of £84.5m.
It is the biggest acquisition by the group since it bought Westgate Motors in 2018, expanding its business into Lincolnshire.
DM Keith now represents six brands, with 13 showrooms across 10 Yorkshire and Lincolnshire locations.
Dougal Keith, managing director of DM Keith (pictured right with fellow director Angus Keith), said “We are very excited to represent two new brands Ford and Kia, within our portfolio alongside our existing franchise partners.
“Ford being the UK number one top selling brand, with a market share of 33% on Commercial vehicles.
“And Kia, which is at the forefront of their electric vehicle rollout plan, means it is a great time to join brands who are evolving and futureproofing for the everchanging market.
“We have a long-term desire to increase our portfolio and the addition of two fantastic brands is a huge step in the right direction.”