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Closing: Nissan's Sale of Austrian Dealer and Distribution Network Now Closed

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

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On March 14, 2022, Cerha Hempel announced that Nissan Center Europe’s sale of its Austrian dealer and sales network to Astara Mobility (reported by CEE Legal Matters on January 11, 2022) has now closed.

According to Cerha Hempel, the Astara Mobility group has "acquired and taken over the entire Austrian operation of sales and distribution of Nissan cars, spare parts, and accessories from Nissan Center Europe by way of an asset deal."

As previously reported, Binder Groesswang advised German Nissan Center Europe on the sale of its Austrian operation to Spanish mobility provider Astara Mobility (formerly Berge Auto), with Cerha Hempel advising the buyer.

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 updated team included Partners Heinrich Foglar-Deinhardstein, Anna Wolf-Posch, Benjamin Twardosz, Mark Krenn, and Armin Schwabl, Counsels Christoph Reiter, Jakob Hartig, Christopher Peitsch, and Marko Vladic, and Associates Florian Wunscher, Michaela Kober, Marcus Lusar, Nikolaus Feldscher, Philipp Schaubach, Nadja Polzer, and Boris Treml.

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