Ditec to become the largest Porsche distributor in the Iberian Peninsula

October 2021 — Ditec España has acquired Hanstein S.A.

Ditec España is one of the main distributors of the recognized Porsche automobile brand in Spain, through its exclusive representation in Barcelona. Ditec is present in the automotive business chain through own and third-party dealerships, after sales, used car sales and other related businesses, such as financing.

Hanstein is an automotive company that owns the Porsche centers in Bilbao, Vitoria and Pamplona in Spain. It is part of the Manzanos Enterprises holding company owned by the Fernández Manzanos family.

Manzanos Enterprises is a holding company managing several companies in a wide range of sectors, such as the wine industry, and mobility and electrical installations.

Our role in the transaction

Oaklins’ team in Chile was retained by the shareholders of Grupo Ditec to evaluate strategic alternatives for the group and after analyzing different alternatives, an expansion process in Spain was initiated. The team advised during the acquisition process, including the evalutaion of strategic alternatives, the negotiation and the closing of the transaction.