The international law firm Milbank LLP has advised Auto1 group on its partnership with inter alia, Deutsche Bank AG and Allianz SE as the German startup expands into FinTech to ease the financing for customers buying its used cars.
The three partners together own more than 50 percent in a new company called Auto1 FinTech, that will offer refinancing loans and insurance products to car dealerships buying Auto1’s vehicles.
Auto1 FinTech started in Germany and will expand to Poland and France later on this year.
A Milbank team led by Norbert Rieger and Sebastian Heim comprehensively advised Auto1 on corporate, finance, commercial, antitrust und tax law in relation to the partnership.
Advisor to Auto1 Group: Milbank LLP
Norbert Rieger, Sebastian Heim (joint lead, both Corporate/M&A, Munich), Matthias Schell (Tax, Munich), Alexander Rinne (Antitrust, Munich), Mathias Eisen (Finance, Frankfurt), Vanessa van Weelden (Antitrust, Munich), Sebastian Reiner-Pechtl (Corporate/M&A, Munich), Thomas Moeller (Finance, Frankfurt), Moritz Philipp (Tax, Munich)
