Osborne Clarke advised Autotorino SpA on the agreement for the acquisition of the entire share capital of Trivellato Auto, the branch of business of the dealer based in the Veneto Region dedicated to the Toyota and Lexus brands. The transaction was approved by the Italian Competition Authority and by Toyota Italia: the agreement is effective from 13 January 2021.
Gruppo Autotorino's development in terms of external lines continues and, little more than one year since its merger with Autostar, it is taking another important step in its growth in the NorthEast, and, in particular, in the Veneto where the Autotorino brand appears for the first time. The agreement centres on the two Toyota dealers in the Verona area, one of which is also dedicated to the world of the premium hybrid Lexus. This deal therefore extends the official network of sales and after sales assistance that Autotorino dedicates to these brands, which to date had only been developed in the Lombardy and Piedmont Regions.
Autotorino was assisted by an Osborne Clarke team composed of managing partner Riccardo Roversi and partner Alessandro Villa. Zanetti & Partners advised Trivellato Auto.