Grupo União has been acquired by Fortbras Group
The shareholders of Grupo União have sold the company to Fortbras Group for US$115 million.
Founded in 1969, Grupo União is one the main aftermarket auto parts chain in Brazil, with 39 stores in five estates.
Fortbras Group is a leading distributor of aftermarket auto parts in Brazil. Founded in 1992, the company distributes auto parts to more than 25,000 customers, including repair shops, auto parts stores and car fleet owners. It also sells electrical and mechanical products for light vehicles, heavy vehicles and motorcycles, serving customers from 18 locations across 17 Brazilian cities. Fortbras Group is backed by Advent International since 2016.
Oaklins' team in Brazil advised the seller in this transaction.
Talk to the deal team
Managing PartnerSão Paulo, Brazil
PartnerSão Paulo, Brazil
Cramaro Tarpaulin Systems has been acquired by Lifco AB
Cramaro Tarpaulin Systems S.r.l. has been acquired by Lifco ABLearn more
CQC has concluded a series A fundraising to support growth plan
CQC has concluded a fundraising to support its growth plan,Learn more
Grupo Mutua Madrileña has acquired Centauro Rent a Car from Portobello Capital
Grupo Mutua Madrileña has acquired Centuaro Rent a Car from Portbello Capital.Learn more