Global law firm Dentons has advised AutoWallis Group, a Budapest Stock Exchange-listed car seller, on its agreement to acquire Milan Kral Group, a prominent player in the Czech automotive market. This landmark transaction marks AutoWallis’ largest acquisition to date.

Through this strategic move, AutoWallis Group significantly strengthens its position as a leading regional car sales and mobility service provider. The acquisition will expand AutoWallis’ portfolio with new brands (Mercedes-Benz, Ford), as well as new activities (sales and servicing of Mercedes-Benz Truck LGVs), further accelerating its growth trajectory.

Milan Kral Group specializes in the sales and repair of four brands (BMW, Mercedes-Benz, Mercedes-Benz Truck, Ford) and is an authorized factory repairer of Opel vehicles. Additionally, the group offers used vehicles through its auto.pro.Tebe platform and operates body shop and paint facilities.

The transaction successfully closed on December 18, 2024. The parties have chosen not to disclose the purchase price.

Financial advisory manager Márk Váczi (Budapest), partner David Šimek, senior associate Jan Gerych, and junior associate David Ulvr (all Prague) led Dentons’ transaction team. AutoWallis’ transaction team was led by Gábor Ormosy (CEO), Ferenc Václavík (CFO), Péter Antal (Retail Business Unit Director), Zsuzsa Erdei (M&A Manager), Bence Pintér (M&A Expert), and Zoltán Pataki (Group Legal Director).

“We are delighted to complete this milestone acquisition of Milan Kral Group, which aligns perfectly with our strategic goal of expanding our footprint in the Central European market. We are grateful for Dentons’ guidance and unwavering support throughout the process,” said Zoltán Pataki, the Group Legal Director of AutoWallis.

“We are honored that Dentons’ financial advisory team in Budapest and legal team in Prague played a key role in this major transaction for AutoWallis. At Dentons, we are committed to delivering top-tier cross-border financial and legal transaction services to our clients. Thank you to AutoWallis for the opportunity to contribute to this transformative acquisition and support their growth ambitions,” noted Márk Váczi.

David Šimek added, “We are proud to have supported AutoWallis in navigating the complexities of this cross-border transaction and helping them achieve their strategic growth objectives. It was a privilege to collaborate with their team on this landmark deal.”