HEUKING Advised KOSMOCAR SA On Acquisition Of MAN HELLAS Truck & Bus SA
HEUKING Advised KOSMOCAR SA On Acquisition Of MAN HELLAS Truck & Bus SA
HEUKING advised KOSMOCAR SA in connection with its successful acquisition of MAN HELLAS Truck & Bus SA. The closing was subject to approval by the Greek competition authorities, which has now been granted.
Founded in 1970, KOSMOCAR SA is the official importer of Volkswagen, Audi, Skoda, and Volkswagen Commercial Vehicles in Greece, as well as Ducati motorcycles in Greece and Cyprus. It is also an official dealer and authorized workshop for Bentley and Lamborghini in Greece.
MAN HELLAS Truck & Bus SA, the Greek subsidiary of MAN Truck & Bus SE, is one of the world’s leading manufacturers of commercial vehicles and transport solutions. Based in Aspropyrgos, the company employs around 100 people and provides a comprehensive portfolio of trucks, buses, vans, and support services.
Kosmocar S.A. CEO, Ioannis Emirzas, said, "It is with great pleasure that we announce the acquisition of MAN Hellas by Kosmocar S.A. This investment strengthens our long-standing and successful partnership with MAN and marks an important milestone in our growth."
HEUKING Partner Dirk W. Kolvenbach said: "This was a particularly special transaction for us as a law firm. Our collaboration with the Greek law firm Bernitsas Law in Athens was highly professional and constructive. We greatly value their expertise and dedication, which played a crucial role in the successful completion of this acquisition."
The HEUKING corporate team was led by Dirk W. Kolvenbach (Partner, Düsseldorf), Michael Pauli (Partner, Cologne), Dr. Henrik Lay (Partner)
If you have a news or deal publication or would like to collaborate on content, columns, or article publications, connect with the Legal Era News Network Team and email us at info@legalera.in or call us on +91 8879634922.
