03.06.2020

CrestPrecise completes acquisition of a Volkswagen-franchised dealership in St. Petersburg (Russia), acting in the capacity of exclusive financial advisor to Maximum

Moscow, June 03, 2020  CrestPrecise, one of the leading M&A advisors in Russia and the CIS, completes acquisition of a Volkswagen dealership in St. Petersburg (Russia) from Mega-Auto, acting in the capacity of exclusive financial advisor to Maximum.

About Maximum:

Established in 2007, Maximum Automotive Holding is partner to 8 OEMs and operates 4 dealership locations in St. Petersburg. According to AutoBusinessReview, in 2019 Maximum sold 8860 new and 9070 used vehicles, posting 2019FY revenue of RUB 18.4bn.

About Mega-Auto:

Established in 1993, in 2019 Mega-Auto sold 9820 new and 6930 used vehicles, booking 2019FY revenue of RUB 23.1bn.