We advised Amserv Grupp on the sale of Ascar Auto

Amserv Grupi AS sold its subsidiary Ascar Auto AS to Autospirit AS and will focus on developing the volume of sales, market share and customer service of Toyota and Lexus.
 
Amserv Group is one of the biggest sellers of new and used cars and car service companies in the Baltics. Before the sale the firm had the right of representation for five brands (Toyota, Lexus, Opel, Chevrolet, Saab, Hyundai and Peugeot). Amserv employed over 400 employees in Estonia and Latvia, and has 11 sales and service centres located in Tallinn, Pärnu, Tartu, Paide, Viljandi and Riga. All centres sell new and used cars, spare parts and offer maintenance services.
 
The Ellex Raidla’s team consisted of Partner Risto Vahimets, Senior Associate Alla Kuznetsova and Associate Anna Trine Raudsepp.