ATP strikes rescue deal with Swiss Automotive Group

ATP, a German online retailer of automotive parts currently under administration, has been acquired by SAG, Swiss Automotive Group, a Swiss B2B automotive parts supplier. This was agreed late 2019, but the deal did not materialise back then and ATP was forced to enter administration earlier this year.

In a release it is said the deal was brokered by Volker Böhm (pictured) of law firm Schultze & Braun in his capacity as court-appointed administrator of ATP.