MileOne Automotive Group announced Thursday that it has acquired Bel Air Honda and will incorporate the Fallston car dealership into its Heritage Automotive Division.
Terms of the acquisition from RML Automotive Group, a dealership group based in Dallas and Little Rock, Ark., were not disclosed.
The sale includes the 9.7-acre site and three buildings on Bel Air Road. MileOne plans to retain all 84 employees.
Officials said they were attracted by Bel Air Honda, which sells about 2,400 new and used cars annually and runs finance, service and parts departments.
With the acquisition, MileOne represents 28 automotive brands operating at 40 dealership locations in Maryland, Pennsylvania, Virginia and North Carolina. MileOne also operates nine collision centers and a vehicle and equipment leasing division.