HELLA GmbH & Co. KGaA and Inter-Team sp. z o.o.

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HELLA GmbH & Co. KGaA and Inter-Team sp. z o.o.

Wardyński & Partners has advised HELLA GmbH & Co. KGaA, in the process of divestment of its Danish and Polish wholesale companies.

Transaction encompassed Danish FTZ Autodele & Verktoj A/S and Polish Inter-Team sp. z o.o.

HELLA GmbH & Co. KGaA, one of the world's leading automotive suppliers for lighting and electronics, sold them to the Swedish wholesaler, Mekonomen AB.

The purchase price was around EUR 395 million (+ profit equivalent).

FTZ and Inter-Team employ a total of around 2,500 people. The two wholesalers achieved total sales of around EUR 480 million in the 2016/2017 financial year.

Transaction is expected to close in the 3rd quarter of 2018.

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