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08.02.2022 | Deal Notifications, Press releases

KPMG Law advises Automobil-Logistik-Mosolf on the sale of its business operations to Volkswagen Group Services and Volkswagen Immobilien

KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law) provided legal advice to Automobil-Logistik-Mosolf GmbH (Automobil-Logistik-Mosolf) on the sale of its business operations to Volkswagen Group Services GmbH (Volkswagen Group Services) and of the subleasehold belonging to the business operations to Volkswagen Immobilien GmbH (Volkswagen Immobilien).

Founded in 1991, Automobil-Logistik-Mosolf, based in Emden, Germany, specializes in services for vehicles, in particular deconservation, storage, cavity sealing and delivery inspection. Volkswagen Group Services acquired the ALM business unit by way of an asset deal on November 30, 2021. The sub-leasehold belonging to the plant was purchased by Volkswagen Immobilien. The closing of the transaction is still subject to the fulfillment of closing conditions.

Volkswagen Group Services and Volkswagen Real Estate are part of the VW Group. Volkswagen Group Services supports the Volkswagen Group’s core business with automotive services. Volkswagen Real Estate is responsible for corporate real estate management and real estate transactions within the Volkswagen Group.

KPMG Law, together with the law firm Wackenhuth & Unterriker, provided comprehensive legal advice on the drafting and negotiation of the contractual framework underlying the transaction. KPMG Law worked closely with the tax advisors of KPMG AG Wirtschaftsprüfungsgesellschaft.

Consultant Automotive Logistics Mosolf:

KPMG Law Rechtsanwaltsgesellschaft mbH:
Dr. Steffen Fortun
(Partner),
Dr. Christian Hensel
(Partner, Lead),

Emanuel Daschner

(Associate),
Maximilian Weiß
(Senior Associate), all Corporate/M&A, Stuttgart/Nuremberg, Dr. Martin Trayer (Partner),

Nikolai Fritsche

(Senior Manager),
Fulya Neubert
(Senior Associate) all Labor Law, Nuremberg/Frankfurt am Main,

Dr. Rainer Algermissen

(Partner),

Petra Swai

(Senior Manager),

Sinje Grefe

(Senior Associate), all Real Estate, Hamburg, Dr. Gerrit Rixen (Partner),

Jacqueline Unkelbach

(Manager), all Antitrust, Cologne

KPMG AG Wirtschaftsprüfungsgesellschaft: Arnd Klein (Director), Isolde Blau (Manager), all M&A Tax, Stuttgart

Attorneys Wackenhuth & Unterriker: Stefan Unterriker (Partner)

 

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Contact

Dr. Rainer Algermissen

Partner
Head of Construction and Real Estate Law

Fuhlentwiete 5
20355 Hamburg

tel: +49 40 3609945331
ralgermissen@kpmg-law.com

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