Cleary Gottlieb is assisting private equity fund Alpha in the sale of Rhiag-Inter Auto Parts Italia to Apax Partners. The agreement was signed on October 9, 2013. The transaction is subject to antitrust clearance and is expected to be completed by the end of 2013.
Rhiag is the leading distributor of branded automotive spare parts in the independent Italian aftermarket and one of the largest players across Eastern Europe where it operates through a network of subsidiaries.