GÖRG advises Alliance Automotive Group on acquisition of Knoll GmbH
A GÖRG team led by Hamburg partner Dr. Frank Evers has advised Alliance Automotive Group on the acquisition of the German Knoll GmbH and other parts of the Knoll Group. The transaction is subject to approval by the German Antitrust Authorities. With this acquisition Alliance Automotive Group continues its expansion in the German market.
GÖRG Partnerschaft von Rechtsanwälten mbB
Dr. Frank Evers (Lead, Partner, M&A / Corporate, Hamburg)
Paul Caesar Rode (Associated Partner, M&A / Corporate, Hamburg)
Dr. Jan-Henric M. Punte, LL.M. (Hull) (Associated Partner, M&A / Corporate, Hamburg)
Anna-Yasmin Theißen (Associate, M&A / Corporate, Hamburg)
Dr. Frank Wilke (Partner, Labor Law, Cologne)
Dr. Alberto Povedano Peramato (Associate, Labor Law, Cologne)
Dr. David Leonard Sundermann (Associate, Labor Law, Cologne)
Dr. Christian Bürger (Partner, Antitrust Law, Cologne)
Metehan Uzunçakmak, LL.M. (Associate, Antitrust Law, Cologne)
Dr. Wolfram Lohse (Partner, Restructuring, Hamburg)
Dr. Stefan Frick (Associated Partner, Real Estate Law, Hamburg)
About Alliance Automotive Group
Alliance Automotive Group (AAG) is a leading distributor of passenger and commercial vehicle parts to the independent automative aftermarket in Europe. It operates in the United Kingdom, France, Germany, Poland and the Netherlands. The company is a wholly-owned subsidiary of Genuine Parts Company, the largest worldwide automative parts distributor with activities in North America, Europe and Australasia.
AAG plays key part in the logistics chain that supplies parts for cars and commercial vehicles in its markets across Europe. With a focus on both organic and external growth, AAG has extended its footprint to cover over half of the European independent aftermarket. Following the acquisition of AAG by Genuine Parts Company (GPC) in 2017, it is now part of the largest automotive aftermarket company in the world.
About Knoll Group
Knoll is a company specialized in the distribution of automotive spare parts, which today, in addition to automotive spare parts, original manufacturer parts and workshop equipment, also offers a wide range of services that bring added value to the customer. In particular it offers a comprehensive range of trainings and diagnostic solutions which ensures productive work in customers' workshops.
Founded more than 90 years ago and headquartered in Bayreuth, Knoll operates a nationwide network of 18 distribution centres in Bavaria, Berlin, Brandenburg, Saxony and Thuringia with approximately 560 employees and has generated net sales of 107 million euros in 2021.