Groupe Leuba: Acquired by BPM
Deal News | Apr 09, 2025 | Legal Community Swiss
French automotive distribution group BPM has successfully acquired Groupe Leuba, a prominent distributor of Mercedes-Benz vehicles in the French-speaking region of Switzerland. The acquisition was facilitated by legal advisories with Borel & Barbey representing the buyer, BPM, and Kellerhals Carrard advising the shareholders of Groupe Leuba. Borel & Barbey's Geneva-based team included managing partner Luca Bozzo and several associates, who handled various aspects of the transaction. On the other side, Kellerhals Carrard, with its extensive team, provided crucial tax and legal support, particularly during the pre-closing corporate restructuring and execution of the closing process. This acquisition enhances BPM's footprint, which already spans over 80 sites in France and Monaco, covering a diverse range of automotive segments, including private cars and trucks.
Sectors
- Automotive
- Legal Advisory
Geography
- France – BPM, the acquiring company, is based and operates primarily in France.
- Switzerland – Groupe Leuba, the company being acquired, is based in Renens, Switzerland.
- Monaco – Part of BPM's operational scope includes sites in Monaco, indicating a strategic European regional presence.
Industry
- Automotive – The acquisition involves two companies operating in the automotive sector, particularly in distribution and dealership of vehicles.
- Legal Advisory – The transaction required significant legal advisory roles, with firms such as Kellerhals Carrard and Borel & Barbey providing support for the acquisition process.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BPM | Buyer | Company | A French automotive distribution group with operations across more than 80 sites in France and Monaco. |
| Groupe Leuba | Target | Company | A distributor of Mercedes-Benz vehicles in the French-speaking part of Switzerland. |
| Borel & Barbey | Legal Advisor for Buyer | Company | A Geneva-based law firm representing BPM in the acquisition process. |
| Kellerhals Carrard | Legal Advisor for Seller | Company | A law firm providing tax and legal support for the shareholders of Groupe Leuba. |