Art-Finance LLC acquired Volkswagen Group Rus OOO from Volkswagen AG (XTRA:VOW3) approximately €130 million on May 16, 2023. The transaction has been approved by the Russian government authorities.

Art-Finance LLC completed the acquisition of Volkswagen Group Rus OOO from Volkswagen AG (XTRA:VOW3) on May 16, 2023. Achim Kirchfeld, Timo Engelhard, Ruprecht von Maltzahn, Kerstin Wilhelm, Ralph Wollburg, Daniela Seeliger, Andreas Schaflitzl, Julia Grothaus, Daniel Pauly, Michael Leicht, Stefan Loosveld, Alison Saunders, Denis Uvarov, Kaan Gürer, Anna-Katharina Lohbeck, Evgeniya Rakhmanina, Elly Proudlock, Sterling Darling of Linklaters provided comprehensive legal advisory to Volkswagen group.