10 May MDW advise Kean Family on sale of flagship Adelaide BMW Dealership
Adelaide’s exclusive BMW Dealership and associated MINI dealership business have been sold to publically listed automotive group, AP Eagers.
Adelaide BMW represented the last remaining major asset held by the late Vin Kean, who was a legend of the automotive industry who enjoyed a 61 year career in car retailing. It is also the sole BMW dealership in Adelaide.
Jeffrey Pinch commented further on the transaction:
“We are delighted to have advised on this transaction and congratulate the Kean family on their magnificent contribution to the Australian automotive industry. The sale of Adelaide BMW is further evidence of our firm’s expertise in advising on transactions in the automotive industry, and compliments our recent engagement in advising the sellers on the successful sale of Doncaster BMW and Ferrari Adelaide”.