Lenz & Staehelin: LUEG acquires remaining stake in MERBAG

Fahrzeug-Werke LUEG, one of the largest distribution and service partners of Daimler in Germany, has acquired the remaining stake in LUEG’s Swiss operations from Mercedes-Benz Automobil (MERBAG). 

Fahrzeug-Werke LUEG is one of the largest sales and service partners of Daimler in Germany – with 17 Mercedes-Benz Center in the Ruhr area and in Saxony. From the other side, The MERBAG group, headquartered in Schlieren/Zurich, is one of the most important Mercedes-Benz dealer in Switzerland and one of the three largest employers in the Swiss automobile industry.

Lenz & Staehelin advised LUEG in this transaction. The team comprises partner Tino Gaberthüel and associate Rebecca Rötheli (both corporate/m&a).