Vinge advised Global Auto Holdings Limited in the acquisition of Danish automotive group K.W. Bruun’s import and digital business. In collaboration with Paul, Weiss, Rifkind, Wharton & Garrison LLP (lead counsel) and Bruun & Hjejle (Danish counsel), we have advised Global Auto Holdings Limited, a leading global auto retailer, on the acquisitions of K.W. Bruun Import A/S and K.W. Bruun NxT A/S including the acquisition financing hereof.
K.W. Bruun Import has for more than 70 years been one of the Nordic region's largest car importers and distributors of both new vehicles and OEM branded spare parts for Peugeot, Citroën, DS, Opel and Mitsubishi in Denmark and Sweden, and Fiat, Alfa Romeo, Jeep, Hongqi and Voyah in Denmark.
Global Auto Holdings Limited is an international automotive group that operates around 150 car dealerships representing a wide range of car brands. Global Auto Holdings Limited operates 164 franchise dealerships, representing more than 40 of the world’s leading car brands across the US, Canada, UK and Ireland.
The aim of this acquisition is for Global Auto Holdings Limited to become a global leader in automotive retail and related services, with a strong focus on digitalization, and positioning the company as a prominent car importer in Europe.
The transaction is expected to close in December 2024, subject to regulatory approvals.
Vinge’s team consisted of Christina Kokko, Ulrich Ziche, Sara Passandideh, Ellinor Wargenbrant, Johan Cederblad, Niclas Winnberg, Kristoffer Larson, Karolina Cohrs, Jolene Reimerson, Carla Zachariasson, Gulestan Ali, Jonna Fransson, Jonna Skog, Alva Chambert, Carl Bruneheim and Julia Ulander Kull.
Read Global Auto Holdings Limited press release here.
