Holand Automotive Group Expands in Romania with Aston Martin Bucharest Acquisition
Deal News | Mar 26, 2025 | PR Newswire Cision Holand Automotive Group
On March 26, 2025, Holand Automotive Group announced its acquisition of Aston Martin Bucharest, marking a significant expansion in Romania's luxury automotive market. Renowned for representing prestigious brands like Ferrari, Rolls-Royce, and Lamborghini, Holand Automotive adds Aston Martin to its impressive portfolio. This acquisition aligns with the group's strategy to enhance its influence in the ultra-luxury segment across Eastern Europe. Aston Martin's 2025 lineup includes ground-breaking vehicles that highlight their commitment to precision engineering and design excellence. The move is expected to elevate Holand Automotive's leadership in the luxury sector and offers Romanian clientele access to bespoke automotive experiences. Key figures comment on the strategic alignment and the potential for growth and innovation this acquisition represents for the region.
Sectors
- Luxury Automotive
- Automotive Dealerships
Geography
- Romania – The acquisition of Aston Martin Bucharest enhances Holand Automotive Group's presence in Romania.
- Eastern Europe – Holand Automotive Group aims to solidify its leadership in the ultra-luxury automotive sector across Eastern Europe.
- Canada – Holand Automotive Group is based in Montreal, Canada, indicating its international reach and influence.
Industry
- Luxury Automotive – The acquisition involves Aston Martin and Holand Automotive Group, both major players in the luxury automotive market.
- Automotive Dealerships – The transaction focuses on the acquisition of a car dealership, specifically Aston Martin Bucharest.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Holand Automotive Group | Bidding Company/Buyer | Company | A Montreal-based automotive group known for representing prestigious luxury automotive brands. |
| Aston Martin Bucharest | Target Company | Company | A dealership representing Aston Martin in Bucharest, Romania, and the subject of the acquisition. |
| Gad Bitton | CEO of Holand Automotive Group | Person | Chief Executive Officer of Holand Automotive Group, overseeing the acquisition and strategic direction. |
| Andreas Bareis | Aston Martin Regional President EMEA | Person | Regional President for Aston Martin in Europe, the Middle East, and Africa, focusing on brand growth and performance. |
| Bogdan Jambori | General Manager, Aston Martin Bucharest | Person | General Manager responsible for the operations at Aston Martin Bucharest. |