Announced
Completed
Synopsis
Merbag, an authorized Mercedes-Benz partner, completed the acquisition of Mainz branch from Mercedes-Benz, an automobile manufacturer. Financial terms were not disclosed. “We are delighted to be taking over the Mercedes-Benz branch in Mainz from Mercedes-Benz Group. Located in the heart of the thriving Rhine-Main region, the Rhineland-Palatinate state capital of Mainz and the neighboring Hessian state capital of Wiesbaden, whose former factory branch is also part of the Merbag Group, form a cross-state twin center. The Mainz location thus perfectly complements Merbag’s sales territory in this important economic metropolis and further strengthens our group of companies in this region as a reliable employer,” Jens Niedereichholz, Merbag CEO Automotive Retail Germany.
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