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Schoenherr and Baroch Sobota Advise on Auto Palace's Acquisition of Car Dealerships from CarPoint Karlovy Vary

Schoenherr and Baroch Sobota Advise on Auto Palace's Acquisition of Car Dealerships from CarPoint Karlovy Vary

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The Czech office of Schoenherr has advised the Auto Palace Group, a Czech subsidiary of the Dutch AutoBinck Group, on the acquisition of car dealerships in Prague and Karlovy Vary from CarPoint Karlovy Vary s.r.o., which was advised by Baroch Sobota.

According to Schoenherr, “with this expansion, Auto Palace acquires two more dealerships with an investment value of almost EUR 6 million, and will expand its offer with five new brands, namely Audi, Volkswagen, Volkswagen Commercial Vehicles, SEAT, and Cupra.”

CarPoint Karlovy Vary s.r.o. has been an authorized dealer of the Audi, Volkswagen, and Volkswagen Commercial Vehicles brands since 2003, and it services all Skoda Group brands.

Schoenherr’s team was led by Partner Vladimir Cizek and Attorney Ondrej Havlicek and included Attorney Jiri Marek and Associate Jachym Bem.

Baroch Sobota's team included Partner Oldrich Baroch and Attorneys Marketa Srbova and Pavel Pejchal.

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