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Automotive | Consumer & Retail

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.

Parties

Talk to the deal team

Dr. Hans Bethge

Senior Advisor
Hamburg, Germany
Oaklins Germany

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