The Autohellas and Samelet Groups are establishing a joint company that will partner with Stellantis in the Greek market to import and distribute the Abarth, Alfa Romeo Fiat, Fiat Professional and Jeep brands. Completion of this planned acquisition is subject to the approval of the Competition Commission.

The deal follows last year’s merger between automakers PSA and FCA, which created Stellantis, one of the world’s largest automakers with manufacturing operations in 30 countries and a commercial presence in 130 markets worldwide.

Following the completion of the planned transaction, the joint company of the Autohellas and Samelet groups will be responsible for the import and distribution of a total of 5 Stellantis brands, acquiring the FCA Italy SpA subsidiary in Greece, which is still their importer and distributor. . The completion of this transaction will not affect the contracts of FCA Greece SA employees.

The Autohellas and Samelet Groups will rely on their extensive know-how, experience, resources and presence in the automotive and mobility services market to provide continuous high quality customer service, distribute all spare parts for these brands, and successfully develop the overall business activity. in the country.

Abarth, Alfa Romeo, Fiat, Fiat Professional and Jeep are iconic brands that will complement the Autohellas and Samelet portfolio. Leveraging a wealth of new and cutting-edge developments in Stellantis Group’s powertrains, all of these brands in the newly acquired portfolio will benefit from significant investment in latest generation technologies and exciting new models to be launched shortly to further the long-term strategic plan. Dare Forward 2030 Group presented in March. Starting with five new models released in 2022, each Brand has a well-defined and accelerated strategy to offer our customers a full range of models to meet their current and future needs.