Andersen and CMS Albiñana & Suárez de Lezo have advised Daimler Trucks on the purchase of the exclusive dealership for the sale and after-sale of Mercedes-Benz trucks in the Community of Madrid.
The operation includes the 30,000 square meter plot where the dealership is located in the Madrid town of Pinto. The dealership employs 88 people and has an annual turnover of around 100 million euros.
Andersen has advised the buyer Concesur, an Andalusian automotive group. The team has been formed by the partner Santiago Fuertes has led the purchase operation from the corporate area, together with Jose Manuel Pumar, tax partner; and Ana Soltero, corporate department lawyer. Couple Isabel Martínez Moriel has been in charge of advising on the merger authorization procedure before the national markets and competition commission.
CMS has advised the seller Daimler Trucks. The transaction has been led by Luis Miguel de Dios and Jorge Perispartner and director of the corporate / M&A team.
Carlos Vergezpartner in the area of competition, Ricardo Hector Lorcapartner in the tax area, Martha Burgosassociate in the tax area, Maria Jose Ramos and Antonio Urozassociates in the real estate area, and Eduardo Crespopartner in the area of competence, have also been involved at some point in the entire process.
CMS advice has included, among others, the preparation and development of the competitive sales process; the management of investors in said process; and the preparation and negotiation of pre-contractual documents, asset purchase agreements and other contracts and documents ancillary to the transaction.