TAMSEN GmbH has sold a 75% stake to UnitedAuto Group Inc.
July 2004 — UnitedAuto Group Inc. has acquired a 75% stake in TAMSEN GmbH. The remaining 25% interest will be held by Mr. Tamsen, who will continue managing the business to expand the company's activities in Europe. Financial details have not been disclosed.
TAMSEN GmbH is a leading German retailer of top-end luxury cars and is ranked as number one in continental Europe.
UnitedAuto Group Inc. is the second largest publicly-traded automotive retailer in the United States.
Our role in the transaction
Oaklins' team in Germany was assigned to identify potential partners and to lead the sale process as well as final negotiations.
Talk to the deal team
Related deals
Niceboy has been acquired by Anacot Capital
Niceboy has been acquired by Anacot Capital, marking the next stage in the company’s development.
Learn moreKindernet has welcomed a new long-term strategic partner
Kindernet, a Netherlands-based childcare provider with 40 preschool and after-school care locations, has joined forces with a leading European education group to further strengthen the quality and availability of childcare in the evolving Dutch childcare market.
Learn morePDC Wellness has sold Salon System to Professional Beauty Systems
PDC Wellness has successfully sold its Salon System and Just Wax brands to Professional Beauty Systems (PBS).
Learn more