- ALLIANCE AUTOMOTIVE GROUP acquires HENNIG GROUP and all its subsidiaries
- The transaction is currently under review for regulatory approval
- Ebner Stolz provided financial and tax due diligence as well as SPA support
Munich, 05th June 2018 – The Consulting firm Ebner Stolz advised London-based ALLIANCE AUTOMOTIVE GROUP (AAG) in the acquisition of the German family-owned HENNIG FAHRZEUGTEILE UNTERNEHMENSGRUPPE including its 13 operating legal entities by providing financial and tax due diligence as well as SPA support.
Jean-Jaques Lafont, CEO of AAG commented: „We are excited to welcome HENNIG FAHRZEUGTEILE within our organization. With this acquisition we further pursue our expansion plans in Germany and now dispose of an additional competitive logistic network to serve our customers.” Uwe Hennig, Managing Director of HENNIG FAHRZEUGTEILE, added: “I am delighted that HENNIG FAHRZEUGTEILE has found a new home with AAG. Our customers and employees will benefit from the experience and the international network of AAG.” Moreover, with this transaction business succession was secured, parts of the current Management will remain post-closing.
London-based AAG belongs to the US-American company GENUINE PARTS COMPANY. It is amongst Europe’s leading automotive spare parts providers, supplying over 100,000 different parts to about 1,500 wholesalers and 26,000 workshops, earning revenues of about EUR2 billion.
HENNIG FAHRZEUGTEILE UNTERNEHMENSGRUPPE, headquartered in Essen (North Rhine-Westphalia) is a medium sized company with 31 branches and more than 9,000 customers. Generating revenues of more than EUR160 million it has become a leading European provider in the passenger and commercial vehicle segments.
Team Ebner Stolz: Claus Buhmann (Partner Corporate Finance, Lead Financial Due Diligence), Alexander Simbürger, Eduard Mathes (Financial Due Diligence), Alexander Euchner (Partner M&A Tax, Tax Due Diligence, SPA Advice), Andreas Forrai, Dr. Tobias Weiss (Tax Due Diligence)
Dr. Ulrike Höreth
Tel. +49 711 2049-1371
Tel. +49 89 549018-251
Tel. +49 711 2049-1575
About Ebner Stolz
Ebner Stolz is one of the largest independent mid-sized MDP firms in Germany and is among the Top Ten in the sector. The firm has decades of in-depth experience in auditing, tax advice, legal advice, and corporate consulting. More than 1,400 employees in all major German cities and business centres offer a broad range of services based on a multi-disciplinary approach. Ebner Stolz predominantly advises medium-sized industrial enterprises as well as trade and service companies of all sizes and industries.
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