In a $1.34 billion deal, the Herb Chambers automotive chain, which includes dealerships in Auburn, Braintree and Burlington, is in line to be bought by Georgia-based Asbury Automotive Group.

“As I look back on the last 40 years in business, I do so with immense pride, and as I look forward, I will do so with great satisfaction knowing what we built together will be in trusted hands,” said Herb Chambers, a former copy-machine repairman who oversees 33 dealerships in Massachusetts and Rhode Island.

The deal, announced in a news release from the companies Tuesday morning, is expected to close by July.

Asbury, based in Duluth, Georgia, enters the Chambers deal with 152 dealerships under its banner. The company also has 37 collision repair centers; it is due to add the three owned by Chambers.