Global Auto Holdings Limited acquires the majority of Danish K.W. Bruun

We have advised, in collaboration with Paul, Weiss, Rifkind, Wharton & Garrison (UK counsel) and Vinge (Swedish counsel), Global Auto Holdings Limited, a leading global auto retailer, on the acquisitions of K.W. Bruun Import A/S and K.W. Bruun NxT A/S including the acquisition financing hereof.

K.W. Bruun Import has for more than 70 years been one of the Nordic region's largest car importers and distributors of both new vehicles and OEM branded spare parts for Peugeot, Citroën, DS, Opel and Mitsubishi in Denmark and Sweden, and Fiat, Alfa Romeo, Jeep, Hongqi and Voyah in Denmark.

Global Auto Holdings Limited is an international automotive group that operates around 150 car dealerships representing a wide range of car brands. Global Auto Holdings Limited operates 164 franchise dealerships, representing more than 40 of the world’s leading car brands across the US, Canada, UK and Ireland.

The aim of this acquisition is for Global Auto Holdings Limited to become a global leader in automotive retail and related services, with a strong focus on digitalization, and positioning the company as a prominent car importer in Europe.