Augsburg International sold 51% stake to Autonet (Swiss Automotive Group)

BCP, our MAWW Partner in Romania, advised the owners of AI its sale of a 51% stake to Autonet Swiss Automotive Group.

Augsburg International is the number 4 supplier in the Romanian aftermarket segment, with a turnover of 116 million euros (2020), being founded 25 years ago by Marius Constantinoiu. 

AI has over 650 employees and the highest standards of import and wholesale distribution for spare parts in Romania, including mechanics, bodywork, service equipment, and fleet mgmt services, for cars and commercial vehicles.

AI operates out of a central warehouse, 3 regional centres and 36 regional warehouses in Romania, with a nation-wide storage area exceeding 20,000 square meters.

AI's shareholders, in 2019, started looking for a strategic partner to support AI in its development efforts towards further gains of market share, supplier efficiencies, and operational efficiencies.

AI's family owners Marius Constantinoiu (President) and Gina Iordache (CEO) have mandated BCP in 2020 to organize the identification, selection and completion of a transaction with an international strategic partner. 

After 25 years of entrepreneurial efforts, the owners of AI realize a partial exit value and enter a long-term strategic partnership with a leading international player to drive sales and operational synergies.

BCP has organized a competitive selling process, obtaining more than 5 offers from relevant strategic investors.

BCP has advised AI’s owners in structuring, negotiating and implementing the transaction with the selected investor, the Swiss group SAG.

This transaction highlights BCP’s capacity for structuring strategic transactions with international investors and its key role in generating favourable outcomes for entrepreneurial companies.