Paul Weiss is advising Global Auto Holdings Limited in its acquisition of K.W. Bruun’s import and digital businesses in a transaction valued at approximately DKK 7.9 billion ($1.17 billion). Global Auto Holdings is one of the largest global automotive retail businesses, operating 164 franchise dealerships spanning Europe and North America. K.W. Bruun is one of the largest car importers in the Nordics, importing cars and spare parts for Peugeot, Citroën, DS, Opel, Mitsubishi, Fiat, Alfa Romeo, Jeep, Hongqi and Voyah. Through its subsidiaries, K.W. Bruun also focuses on the development of digital business concepts related to mobility and other communication. The transaction is expected to close in December 2024, subject to regulatory approvals. The Paul, Weiss team is led by corporate partners Christopher Sullivan and Adam Givertz, and includes partners Matthew Merkle, Neel Sachdev and Suhan Shim; tax partners Timothy Lowe and Cian O’Connor and counsel Jamie Chambers; intellectual property partner John Patten; and antitrust partners Annie Herdman and Ross Ferguson and counsel Yuni Sobel and Chad de Souza.