BPM group has acquired part of the business assets of BAC MONACO. A subsidiary of BPM group, SAM EAGLE, has thus become the new authorized distributor of Jaguar and Land Rover brands in the Principality.
BPM, which distributes more than 30 brands in the Principality of Monaco, France and Switzerland, is continuing its development in the high-end vehicle distribution and maintenance market in Monaco (including Aston Martin, Bentley, Ferrari, McLaren, Mercedes and Rolls-Royce) since the acquisition of Monaco Luxury Group in 2021.
CMS Monaco assisted BPM group's M&A team on this acquisition.
CMS Monaco's business law team, headed by Stephan Pastor, Managing Partner, and composed on this transaction of Coralie Trudon, Senior Associate and Amir Namani, Associate, worked in collaboration with Audrey Michelot, tax Counsel and the real estate law team composed of Sophie Marquet, Partner, and Alexia Delaunay, Counsel.