- Member TENZING Partners
- Sector Consumer
- Date completed 6.12.2022
- Client AUTODIS S.A. (designated assets)
- Country Luxembourg
- Acquirer VAN MOSSEL
- Country -
TENZING Partners advised AUTODIS S.A. in their partial sale to AUTOPOLIS S.A. – VAN MOSSEL AUTOMOTIVE GROUP
TENZING Partners advised the shareholders of AUTODIS in their partial sale of its new and used vehicle distribution activities for the brands Hyundai, Isuzu, SsangYong and Suzuki and related services. The transaction will allow AUTODIS to refocus its activities on the brands Honda, Subaru and Borgward in Esch and Mersch, in addition to its portfolio of two-wheel brands: Honda and Kawasaki.
AUTOPOLIS distributes 10,000+ new and used vehicles per year across 15 brands in the Grand Duchy with a workforce of over 340 employees. Van Mossel Automotive Group, the parent company of AUTOPOLIS, is a leader in the European automotive distribution market with yearly Revenues of 4.5Bn€ and 5,000 employees across 330 subsidiaries in the Benelux, France and Germany.
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