Business Practice Completes Acquisition of SSF Imported Auto Parts, Inc. by Germany's Wessels+Müller AG
Paul Escobosa, Todd Hovey and Jeffry Bernstein counseled SSF Imported Auto Parts, Inc. in its acquisition by Wessels+Müller AG (WM). SSF Imported Auto Parts, headquartered in South San Francisco, distributes high quality European replacement parts, expertise and service for Audi, BMW, Mercedes-Benz, Mini, Porsche, SAAB, Volvo and Volkswagen automobiles to the same core customer as Wessels+Müller AG. Based in Osnabrück, Germany, Wessels+Müller AG is one of the largest automotive part dealers in Germany with over 100 warehouse locations in Germany, Austria and the Netherlands. “SSF and W+M have a strong overlap in programs, suppliers and philosophies”, adds Hans Kopecky, former co-owner who will assume the Chief Operating Officer position of the newly structured SSF Imported Auto Parts, Inc. Thomas Beer, an industry veteran, will serve as Chief Executive Officer. Wessels+Müller AG, with revenues approaching $1 billion, is fully owned by the Mueller family in its third generation.