MileOne Autogroup completed the acquisition of Koons Wilmington Lexus from Asbury Automotive.

MileOne Autogroup, an automotive sales and service network, completed the acquisition of Koons Wilmington Lexus, a car dealership, from Asbury Automotive, an auto dealership. Financial terms were not disclosed. “We are thrilled to welcome another Lexus store to the MileOne network. When this location became available, we knew immediately that it would be a terrific addition to our portfolio," Michael Fader, MileOne Autogroup Vice President.