Acquisition of Domenikss

Veho

Posted on

15 Jul

2021

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Fast facts

Status:

Pending

Cross-border:

Finland, Latvia

We advise Veho on its acquisition of Domenikss, an importer and retailer of Mercedes-Benz vehicles in Latvia, from Ms Benita Danilenko.

Veho, founded in 1939, is a leading Finnish car import and retail company with operations in Finland, Sweden, Estonia and Lithuania. Veho’s operations comprise versatile transportation services and solutions from passenger cars to heavy-duty vehicles. In 2020, Veho’s turnover was approximately EUR 1.1 billion and it had approximately 2,200 employees.

Completion of the transaction is subject to customary closing conditions.

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