AFS Automotive Group Advises Fortune 300 Automotive Retailer in California Expansion

ArentFox Schiff represented Group 1 Automotive, Inc. in its acquisition of Mercedes-Benz of Anaheim.

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Group 1 Automotive is a publicly traded Fortune 300 automotive retailer with over 200 dealerships in the US, and the UK Group 1 acquired all of the issued and outstanding stock of the target for a large dollar amount. ArentFox Schiff’s transactional team also negotiated a Dealership Premises Lease requiring the dealership to purchase the dealership premises for a large dollar amount at the time of the lease’s expiration and advised Group 1 on antitrust compliance. The press release with more details can be read here.

Group 1 Automotive was advised by an automotive group team comprised of Partners, Aaron Jacoby and David Meyer and Associates, Hen Amir, Gus Paras, and Steven Yoon on the transaction.