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The AutoWallis Group adds yet more brands in the Czech republic

2024.12.18.

The AutoWallis Group is continuing to expand its activities in the Czech Republic after purchasing the MILAN KRÁL GROUP, operating in the south part of the country. As a result of this step, the integrated vehicle trading company and mobility service provider that plays a major role in Central and Eastern Europe, operating in 16 countries, will, after purchasing three BMW dealerships from Stratos Auto this summer, be present on the Czech vehicle market with Ford and Mercedes-Benz in addition to BMW, as well as the sales and servicing of Mercedes-Benz Trucks.

Central and Eastern Europe’s major integrated vehicle trading company and mobility service provider has purchased MILAN KRÁL GROUP, engaged in vehicle sales and services in the southern part of the Czech Republic. As a result of this latest transaction, AutoWallis will represent 27 vehicle brands in 16 countries. Prior to this step, the Group purchased three BMW dealerships from Stratos Auto in Prague, Hradec Kralove, and Pardubice, meaning that with the transaction currently closed, Czech clients will now have access to the Budapest-based company’s services in eight dealerships. AutoWallis has gained new brands (Mercedes, Mercedes-Benz Truck, Ford) in the country while also acquiring a significant market share in the premium segment. With the purchase of the MILAN KRÁL GROUP, AutoWallis is strengthening its existing position in the BMW network, growing its retail market share from 13 to 20% in the Czech Republic. Purchasing the MILAN KRÁL GROUP expands AutoWallis’s portfolio, as the sales and services of Mercedes-Benz Trucks means it is entering the truck market. The long-term development of this latter activity is supported by the 3400 square meter Mercedes-Benz Truck semi-trailer truck sales point and repair shop currently under construction and to be opened in 2025.

Thanks to the buyout, close to 200 MILAN KRÁL GROUP employees, as well as the company’s experienced management, are also joining the AutoWallis Group’s team of international experts.

The AutoWallis Group offers tailored services by covering the full range of vehicle sales and mobility services in 16 countries in the region, now representing 27 brands. The company is committed to becoming a long-term partner for clients, providing them with the joy and freedom of driving by way of the automotive industry’s eminent brands and solutions,

At its headquarters in Ceské Budejovice, located in the southern Czech Republic, the MILAN KRÁL GROUP deals with the sales and repairs of four brands (BMW, Mercedes, Mercedes-Benz Truck, Ford), the factory-authorized repairs of Opel vehicles, and its own brand of used vehicles (auto.pro.Tebe), in addition to operating its own body shop and paint facilities. The MILAN KRÁL GROUP’s smooth operations are guaranteed by its fleet of stable and experienced experts and the ongoing cooperation of its management, which AutoWallis will continue to rely on.

Péter Antal, Director of AutoWallis’s Retail & Services Business Unit, said that the purchase of the MILAN KRÁL GROUP is a major step and is well aligned with their strategic goals, which includes strengthening their position in the Czech Republic after entering the country’s retail market in the summer of 2024. As an integrated regional mobility service provider, the Business Unit Director stressed that their aim is to be a long-term partner in offering relevant mobility services for all situations.

The long-term development of this latter activity is supported by the 3400 square meter Mercedes-Benz Truck semi-trailer truck sales point and repair shop currently under construction and to be opened in 2025.

Thanks to the buyout, close to 200 MILAN KRÁL GROUP employees, as well as the company’s experienced management, are also joining the AutoWallis Group’s team of international experts.

The AutoWallis Group adds yet more brands in the Czech republic