King & Wood Mallesons has advised EQT on the acquisition of kfzteile24 GmbH (kfzteile24), one of the largest online retailers of automotive parts and accessories in Germany. The purchase price remains confidential. Closing of the transaction is subject to antitrust approval.
kfzteile24 was founded in 2001 and is now one of Germany's leading online retailers of automotive parts and accessories. Three Berlin branches complement the existing online sales. kfzteile24 has 500 employees and in 2014 achieved a turnover of EUR 114 million.
The King & Wood Mallesons team around Dr. Christoph Brenner has advised EQT for many years, e.g. on the disposal of the stake in Sausalitos, the acquisition of BackWerk Group and the acquisition of E.I.S Aircraft Group.
KWM advisors:
King & Wood Mallesons, Germany
Corporate/M&A
- Dr. Christoph Brenner (partner, Munich, lead), Dr. Michiel Huizinga (partner), Marc Oliver Stock (associate, both Frankfurt), Bernhard Schmaderer, Adrian Dengler and Christoph Küster (associates, all Munich
Banking & Finance
- Sabine Schomaker (partner), Ulf Gosejacob (counsel), Dr. Michael Beyer (associate, all Frankfurt)
EU/Competition
- Tilman Siebert (partner), Helge Aulmann (associate, both Munich)
Employment
- Dr. Barbara Geck (partner), Franziska Fiedler (associate, both Frankfurt)
IP/IT
- Manuela Finger (partner), Dr. Miriam Siegle, Timo Conraths (both associate, all Frankfurt)
Real Estate
- Lars Reubekeul (partner), Dr. Florian Biesalski (counsel, both Munich), Michael Barth (counsel),Lukas Weidner (associate, both Frankfurt)
Litigation
- Karsten Rahm (managing associate, Frankfurt)