Zepos & Yannopoulos advised Ayvens Group (the global mobility part of the Societe Generale Group), Leaseplan and ALD, and assisted in the successful merger of its Greek subsidiaries effected through the absorption of ALD Automotive by Leaseplan Hellas. The merger constitutes a landmark transformation in the local automotive industry since it has unified two of the largest vehicle fleets in Greece under a single automobility brand, Ayvens Greece.
Our firm acted as the external legal counsel of the Group for the multi-phase, multijurisdictional transaction, as well as the preparatory shareholding restructuring steps, in cooperation with the competent internal departments of the merging entities and their French advisors. We also assisted the Group with various corporate finance aspects ancillary to the transaction, including transfer formalities for existing bond loans of the local entities.
Our team was led by Athina Skolarikou, head of Corporate & Commercial, and Sofia Tzianoumi, senior associate, assisted by Gina Dimitropoulou, senior associate. Labor law matters were handled by Manolis Zacharakis, partner of our Employment & Labour practice, while Alex Karopoulos and Diana Tsourapa, partners of our Tax & Accounting practice, advised on tax law matters.