AutoWallis Group, the leading car trading and mobility service company of the Central and Eastern European region has agreed on yet another substantial acquisition after having concluded an agreement with Nissan Europe and the Portuguese Salvador Caetano Group. Under the deal, AutoWallis Caetano Ltd. (where the joint venture parties each hold a 50% stake) is to acquire exclusive Nissan distribution rights in Romania. As a result, the two vehicle sales and mobility service provision companies will gain equal shares in the new operation, providing regulatory conditions are met. The start of operations of the new organisation is scheduled for June 1st, 2025.

We are delighted to be partnering with Nissan and enhance our successful cooperation with Salvador Caetano – stated Gábor Ormosy, CEO of AutoWallis Plc. He added that while this is the third common venture between the Hungarian and Portuguese companies (AutoWallis and Caetano Group joint ventures companies hold the importer rights of Renault, Dacia and Alpine in Hungary, and own a Renault and Dacia retail unit in Budapest), AutoWallis will continue its independent growth, developments, acquisitions, and the implementation of its strategy in other areas.

Charbel Abi Ghanem, Nissan Vice President, Independent Markets Europe said “The Salvador Caetano Group are already strong partners with Nissan in Portugal and we are looking forward to extending our relationship with them in Romania. Likewise, AutoWallis Group is recognized for its extensive experience in Central and Eastern Europe and were chosen for their compatibility with our brand and business. This agreement is great news for Nissan and for our Romanian customers.”

Sergio Riberio, Executive Board Member & CEO of Global Automotive Distribution of Salvador Caetano Group said “This agreement for Romania is another step in Salvador Caetano partnership with Nissan and our expansion plan in Europe. Our collaboration with AutoWallis Group opens an exciting opportunity to develop further the pillars of our strategy and contribute to the renaissance of the Nissan brand in Romania”

Welcoming the transaction, head of AutoWallis’ Distribution Business Unit, Pál Bihari, said that Nissan is a significant player of the automotive industry, recognised for its innovation and commitment to sustainability. He added that Nissan is at the forefront of new technology development and a pioneer of electric vehicles, and it will be a privilege to represent the brand in Romania.

AutoWallis is already present in 16 countries in the region, representing 27 brands, while the Portuguese Salvador Caetano has significant experience in vehicle sales primarily on the Iberian Peninsula, in Scandinavia, and in South America and Africa.

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