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News

Weinhold Legal assisted in an euro billion transaction involving ELIT and Auto Kelly

20.01.2016
Company: Weinhold Legal, s.r.o. advokátní kancelář

Weinhold Legal provided legal services to LKQ Corporation - a leading US distributor of auto parts and accessories - in connection with the acquisition of Rhiag-Inter Auto Parts group from the private equity group Apax Partners. Rhiag-Inter Auto Parts group includes the leading distributors of auto parts in the Czech Republic and Slovakia - ELIT Group and Auto Kelly.

The announced deal value was 1.04 billion euros. Weinhold Legal´s team led by Daniel Weinhold and Dušan Kmoch provided legal services that included Czech and Slovak legal aspects of the transaction, including extensive legal due diligence. K&L Gates advised LKQ Corp. on other aspects of the transaction.

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