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CMS Monaco advised the shareholders of MONACO LUXURY automotive distribution group on its sale to BPM GROUP


The MONACO LUXURY group, initially the exclusive distributor of Mercedes-Benz in the Principality of Monaco, has gradually developed its portfolio of luxury brands, integrating Bentley and Rolls-Royce in 2000, then Smart, McLaren, Ferrari, Aston Martin and Pininfarina more recently, and is today a leading player in the Monegasque market, with nearly 2,000 vehicles sold per year and a turnover of 200 M€.

BPM GROUP's acquisition of exclusive control of the MONACO LUXURY Group received the green light from the French Competition Authority on 11 March 2021.

CMS Monaco advised the shareholders of the companies within the MONACO LUXURY Group on all the legal aspects of the transaction to sell 100% of their capital to BPM Group (in particular corporate/M&A).

CMS Monaco's business law team, headed by Stephan Pastor, Partner, was composed of Coralie Trudon, Advanced Associate and Jonathan Mareschal, Associate.