Login
Maddocks and PwC drive through car distribution deal
Maddocks and PricewaterhouseCoopers Legal have advised on a new dealer arrangement for Alfa Romeo and Fiat-brand vehicles.
Digital
Firms: Maddocks (Chrysler), PricewaterhouseCoopers Legal (Ateco)
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
Deal: New distribution arrangements for Alfa Romeo and Fiat-brand vehicles, parts and accessories in Australia and New Zealand
Area: Corporate
Value: n/a
Key players: The Maddocks team, led by Peter Shaw and Jeff Goss, worked closely with regional general counsel Jun Cho and Australian general counsel Peter Lidstrom. PwC Legal’s team consisted of John Cannings and Jensen Li
Deal significance: Under the new agreement the current Fiat and Alfa Romeo dealer group, which numbers 17 passenger dealerships with 22 commercial vehicle outlets across the country, will report into the Melbourne-based Chrysler Australia group. The transaction, which was finalised on 1 May, included due diligence, and all aspects of negotiation and settlement of numerous agreements including termination, settlement, sale, dealer and support and services agreements. This new distribution arrangement supersedes the agreement between Fiat Group Automobiles S.p.A and Ateco Automotive Pty Limited. Ateco has distributed Alfa Romeo within Australia since 1997 and Fiat since 2001.
