News
AutoWallis in the fast lane: the largest buyout in its history leads to the acquisition of a new branch and the launch of a new activity
The AutoWallis Group has successfully closed the largest acquisition in its history, further strengthening its position on the Czech retail market and its position as a major player in the region. The automotive company registered on the Hungarian stock exchange acquired 100% of MILAN KRÁL GROUP, which operates on the Czech market and achieved revenue equal to almost HUF 50 billion last year – as a result, AutoWallis is expanding its portfolio with both new brands (Mercedes-Benz, Ford) and new activities (sales and services of (Mercedes-Benz Trucks).
2024.12.18.
Read moreUniversal McCann and SUPER11 will help communicate AutoWallis Group brands in the future
In the integrated communication agency tender announced by the AutoWallis Group at the beginning of September, the joint venture of Universal McCann and SUPER11 won the agency tasks for the car brands. The former contributes its media-, while the latter its creative communication experience to the 360-degree full-service approach.
2024.12.17.
Read moreAutoWallis Group’s international expansion fueled by a EUR 20 million bond issue
In a private placement, the AutoWallis Group has issued EUR 20 million in bonds with favorable terms, contributing to the company continuing to bolster its position as a major regional car sales and mobility service provider. The funding aims to provide financing for the continued international expansion and the acquisitions of AutoWallis, currently present in 16 countries.
2024.12.11.
Read moreAutoWallis takes a big step, bolstering its presence on the Czech retail market with the largest acquisition in its history
AutoWallis is further strengthening its role as a major regional player by making the largest purchase of its history, having come to an agreement for the acquisition of 100% of the Czech market-based MILAN KRÁL GROUP.
2024.11.15.
Read moreRetail sales drive the AutoWallis Group’s record Q3 revenue
The AutoWallis Group achieved record Q3 revenue, the main driver of which continues to be the Retail Business Unit with its above market average growth of 16%. The revenue of the Group, present in 16 countries in the region, grew to HUF 291 billion and its EBITDA topped HUF 14 billion.
