Mobivia Groupe to acquire A.T.U, the German automotive services market leader

Mobivia Groupe, Europe’s largest independent automotive maintenance and repair services group, has executed a definitive agreement to acquire A.T.U Auto-Teile-Unger (“A.T.U”), the German automotive services market leader. Once completed, the proposed transaction will reaffirm Mobivia Groupe as the largest automotive maintenance and repair chain in Europe, with close to 2,000 automotive workshops and retail stores, over 20,000 employees, and projected combined annual sales of approximately EUR 2.7 billion.