Go to deals
Automotive

GEISER Nutzfahrzeuge has been acquired by LARAG Group

The shareholders of GEISER Nutzfahrzeuge AG have sold the company to LARAG Group.

GEISER Nutzfahrzeuge emerged in 2012 from the former truck service department of GEISER agro.com ag, a trading and logistics company specializing in agricultural products. The company is a trusted service partner of Mercedes-Benz and service point for Thermo King and other transport refrigeration equipment companies. GEISER Nutzfahrzeuge has approximately 25 employees.

LARAG’s history dates back to 1950, when its core business already included repairs and overhauls of all types of trucks. Today, LARAG offers a full range of high-quality services for heavy and light commercial vehicles, motorhomes and vans – from the sale of new vehicles, repairs and accident repairs to vehicle construction. The company has seven locations and employs around 530 people.

Oaklins’ team in Switzerland supported the owners of GEISER Nutzfahrzeuge AG during the entire sale process as exclusive M&A advisors. This included the preparation of the sale documents, the identification and approach of potential buyers, the supervision of the buy-side due diligence, as well as negotiations with several parties and support up to the signing and closing of the transaction.

Parties

Talk to the deal team

 David  Zürrer

David Zürrer

Partner
Basel, Switzerland
Oaklins Switzerland

Related deals

Omnetic, member of EAG Group, has raised growth capital from Kartesia and CVI
Automotive | TMT

Omnetic, member of EAG Group, has raised growth capital from Kartesia and CVI

EAG Group has completed a first investment round for its Omnetic platform. The company was seeking growth capital of up to US$110 million in order to consolidate the CEE markets and finance its expansion to new geographies. The transaction was closed with Kartesia, the European specialist provider of capital solutions for small- and mid-sized companies, in partnership with CVI, a private debt investor based in Warsaw, Poland.

Learn more
SAPA has acquired 100% of Promens Zevenaar and Promens Rongu
Automotive

SAPA has acquired 100% of Promens Zevenaar and Promens Rongu

SAPA S.p.A., the One-Shot® company, engaged in the sustainable mobility solutions sector, announces a considerable expansion into the truck sector and in northern Europe with the acquisition of 100% of Promens Zevenaar (Netherlands) and Promens Rongu (Estonia). With this acquisition, SAPA bolsters its presence with major customers, including Volvo, Scania and Daimler Truck.

Learn more
Eterna has acquired Mercadeo Sin Límites
Automotive | Consumer & Retail

Eterna has acquired Mercadeo Sin Límites

Eterna has acquired Mercadeo Sin Límites SAS to broaden its air fresheners and automotive care product portfolio.

Learn more