With an annual turnover of CHF 1.1 billion, Swiss Automotive Group AG (SAG) is one of Europe's largest suppliers in the independent automotive spare parts industry. It is the market leader for passenger car and commercial vehicle spare parts in Switzerland, Romania and Serbia. Sandro Piffaretti acquires all the shares in SAG held by the previous minority shareholder Olivier Métraux. A new team of successful Swiss entrepreneurs acquires a stake in SAG with the aim of actively supporting SAG in the long term. Sandro Piffaretti remains the majority shareholder.
Kellerhals Carrard (Beat Brechbühl, Sabine Neuhaus, Philippe Frésard, Kathrin Enderli) advised Sandro Piffaretti and SAG on the transaction.
For further details on the transaction, please refer to the press release
