Bernitsas Law advises BMW Hellas Trade of Cars SA on Successful Spin Off of Leasing Sector

Bernitsas Law advised BMW Hellas Trade of Cars SA on the successful spin-off of its vehicles leasing sector, contributing this division to its newly established wholly owned subsidiary,  BMW Hellas Leasing Single Member Private Company.

We advised throughout the processes, including the incorporation of the new entity, drafting and reviewing all corporate documents related to the spin-off process, and liaised seamlessly with the competent authorities for regulatory approvals.

The spin-off was successfully completed on 1 July 2024.

BMW Hellas Trade of Cars SA is a member of the BMW Group, one of the largest manufacturers of premium cars and motorcycles and a provider of premium financial and mobility services in the world.

Partner Evi Kitsou led the team advising on this transaction assisted by Associate Martha Ntounou on corporate law aspects, Partner Tania Patsalia on data protection and Counsel Maria Kloni on employment law issues.

BMW Spin Off

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