Baker McKenzie advised LKQ Corporation on the acquisition of the Stahlgruber GmbH. Stahlgruber is one of the leading European wholesale distributors of aftermarket spare parts. The seller is STAHLGRUBER Otto Gruber AG. The acquisition includes all national and international subsidiaries of Stahlgruber GmbH for a purchase price of 1.5 billion euros. The transaction is subject to all required regulatory approvals.

The transaction is structured as a share deal and comprises 50 companies with more than 6,000 employees in Germany, Austria, the Czech Republic and 12 other jurisdictions. Baker McKenzie advised LKQ on all legal aspects of the acquisition with a Frankfurt-based team led by partner Dr. Florian Kästle.

"The acquisition allows our client to successfully enter the German market. In constructive cooperation with the Stahlgruber team and their legal advisors, we were able to quickly eliminate all legal complications of the transaction, allowing LKQ to complete the deal on target," comments Corporate / M&A partner Dr. Florian Kaestle.

LKQ Corporation is an American automotive parts distributor with operations in North America, Europe and Taiwan.

STAHLGRUBER, based in Poing, is one of the most important partners for the automotive repair industry in Europe. The company has outperformed the market in the past and enjoys an excellent reputation.

Baker McKenzie's Corporate / M&A team regularly advises on domestic and international transactions and restructurings. Most recently, Baker McKenzie advised Sika on the acquisition of Faist ChemTec, Materialize NV on the acquisition of ACTech GmbH, Sulzer AG on the acquisition of Transcodent, Trimble on the acquisition of Müller-Elektronik, Tokheim Service Group on a strategic partnership with Kärcher, SPIE on the acquisition of LÜCK Group, Grünenthal Group on the Acquisition of Adhesys Medical GmbH, Flowserve Corporation on the sale of the Gestra Group, ZF Friedrichshafen on the sale of the Cherry Group, GFKL on the acquisition of the Tesch Group and CORESTATE on the acquisition of HFS Financial Services and Hannover Leasing.

Legal advisor LKQ: Baker McKenzie

Lead: Corporate/M&A: Dr. Florian Kästle (partner, Frankfurt)
Team: Corporate/M&A: Dr. Peter Wand (partner, Frankfurt), Andrea Ziegler (partner, Frankfurt), Friederike Kiechle (associate, Frankfurt), Dr. Valesca Molinari (associate, Frankfurt), Dr. Lenard Bock (associate, Frankfurt), Bjoern Bastian Boerger (associate, Munich), Dr. Daniel Bork (associate, Düsseldorf), Nicole Bassmann (paralegal, Frankfurt)
Antitrust: Christian Horstkotte (partner, Düsseldorf), Dr. Johannes Weichbrodt (associate, Düsseldorf), Dr. Eugen Wingerter (associate, Düsseldorf)
Tax: Dr. Stephan Georg Behnes (partner, Frankfurt), Sonja Klein (partner, Frankfurt), Ariane Schaaf (associate, Frankfurt)
Commercial: Katharina Spenner (partner, Munich), Dr. Johannes Teichmann (partner, Frankfurt), Antonia Rojahn (associate, Munich)
Employment: Dr. Hagen Köckeritz (Partner, Frankfurt), Dr. Anna Verena Böhm (Counsel, Frankfurt)
Banking & Finance: Silke Fritz (associate, Frankfurt)
IT: Dr. Holger Lutz (partner, Frankfurt), Dr. Tobias Born (associate, Frankfurt)
IP: Dr. Rembert Niebel (partner, Frankfurt), Andreas Jauch (associate, Frankfurt)
Public Law: Anahita Thoms (partner, Düsseldorf), Dr. Janet Butler (counsel, Berlin)

and other Baker McKenzie offices in Vienna, Prague and other destinations

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