We advise Auto-Bon Oy on the acquisition of Veho Eesti AS’ operations in the Baltics
Veho has signed an agreement with Auto-Bon Oy on selling its Estonian subsidiary Veho Eesti AS.
Through its dealership network, Auto-Bon Oy imports, markets and sells Citroën and Peugeot passenger cars and vans, spare parts, accessories and related services to consumers in Finland. Auto-Bon Oy is a subsidiary of Bassadone Automotive Group.
Established in 1939, Veho is a Finnish automotive company that also operates in Sweden and the Baltics.
The parties have agreed not to publish the purchase price or other acquisition-related details. The acquisition is subject to approval by competition authorities.
Auto-Bon Oy was advised by Ellex Raidla’s partner Sven Papp, counsel Jaanus Ikla, senior associates Gerda Liik, Kaisa Laidvee and Martin Mäesalu as well as associate Kevin Gerretz.
Find out more here.