Stellantis, a global carmaker and provider of innovative mobility solutions, and its Serbian subsidiary FCA Serbia signed an agreement with OMR Group, a Serbian automotive, insurance, leasing, fleet management and real estate group of companies, by which OMR Group intends to acquire distribution business of FCA Serbia in Serbia and Montenegro. The distribution business of FCA Serbia encompasses the distribution of automotive brands Abarth, Alfa Romeo, Fiat, Fiat Professional and Jeep.
The closing of the deal is subject to merger clearance by the competent competition authority. After the closing of the proposed transaction, OMR Group will import FCA’s automotive brands in Serbia and Montenegro.
The Karanovic & Partners team advised Stellantis and FCA Serbia in this transaction which was led by Senior Partner Miloš Vučković. Partner Ivan Nonković and Junior Associate Pavle Vučetić advised on corporate law matters, while Partner Bojan Vučković, Senior Associate Stefan Savić and Associate Mladen Vujić advised on competition law aspects of the transaction. Senior Associate Milijana Tomić assisted with employment law issues.
Partner, Senior Associate, and Associate refer to Independent Attorney at Law in cooperation with Karanović & Partners.
The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.