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Binder Groesswang and Cerha Hempel Advise on Nissan's Sale of Austrian Dealer and Distribution Network

Binder Groesswang and Cerha Hempel Advise on Nissan's Sale of Austrian Dealer and Distribution Network

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Binder Groesswang has advised German Nissan Center Europe on the sale of its Austrian dealer and sales network to Spanish mobility provider Astara Mobility, formerly Berge Auto. Cerha Hempel advised Astara.

The transaction is expected to close by February 2022.

According to Binder Groesswang, “the Austrian transaction follows the recent previous sale of Nissan Center Europe's dealer and distribution network in Switzerland to Bersan Automotive Switzerland. Nissan’s aim of transferring its activities in Austria and Switzerland is to streamline Nissan Center Europe's sales and service structures and, subsequently, further improve the performance of its business in Germany.”

Binder Groesswang’s team included Partners Philipp Kapl, Ingeborg Edel, Christine Dietz, Christian Wimpissinger, and Horst Lukanec, Counsel Isabelle Innerhofer, Associates Lukas Pechtl and Alexander Scharkosi, and Attorney Manuel Mullner.

Cerha Hempel's team included Partners Heinrich Foglar-Deinhardstein, Anna Wolf-Posch, Benjamin Twardosz, and Mark Krenn, Counsels Christoph Reiter, Jakob Hartig, and Christopher Peitsch, Attorney Marko Vladic, and Associates Florian Wunscher, Michaela Kober, Marcus Lusar, Nikolaus Feldscher, Philipp Schaubach, and Boris Treml.