Asbury Automotive completed the acquisition of Koons Automotive Companies.

Asbury Automotive, an automotive retailer, completed the acquisition of Koons Automotive Companies, a private auto dealership group. Financial terms were not disclosed. “We are so pleased to see the successful transition of our company to Asbury, knowing that being part of this sterling organization will provide tremendous career opportunities for our employees and a continuation of exceptional service to our customers and community. Koons’ rich 50 year history could not have been achieved without the contributions and support of our stellar employees,” Jim Koons, Jim Koons Automotive Companies Chairman.