Țuca Zbârcea & Asociații and Kellerhals Carrard advised Autonet Group Holding (AGH), part of the Swiss Automotive Group (SAG) in acquiring a majority stake in Augsburg International

Shareholders of Autonet Group Holding (AGH), an integral part of the Swiss Automotive Group (SAG), ranked fifth in the European aftermarket sector, have reached an agreement with Augsburg International, one of Romania's most important independent auto parts distributors. According to the agreement, Autonet Group Holding (AGH) acquires a majority stake (51%) in Augsburg International.

A strong team of lawyers, financial advisors and business consultants acted on the buy-side, with Țuca Zbârcea & Asociații(Romania) and Kellerhals Carrard (Switzerland) covering the M&A/corporate, intellectual property and competition related issues for Autonet Group Holding (AGH), part of the Swiss Automotive Group (SAG). Also, Deloitte and Mazars offered financial and strategic advice to the buyer.

The legal team from Țuca Zbârcea & Asociații assisting Autonet Group Holding (AGH) included Partner Ciprian Dragomir and Managing Associate Andreea Oprișan, among others.

The completion of the transaction is contingent on the receipt of all the necessary approvals from the regulatory authority. Further to the deal, the SAG-AGH group gains two positions in the European top of spare parts distributors.

More info on this transaction is available here.