Travers Smith and CMS in the driving seat on Auto Trader joint venture

Firms take lead roles on the formation of combined marketplace for wholesale vehicles

Travers Smith and CMS Cameron McKenna Nabarro Olswang have taken pole position on Auto Trader Group’s joint venture with Cox Automotive UK to provide a digital marketplace for wholesale vehicles in the UK.

The new business will combine three businesses onto a single platform providing an online auction service. Cox will transfer Dealer-Auction.com and Manheim Online, while Auto Trader will transfer Smart Buying to the joint venture.

This premium content is reserved for
Legal Week Subscribers.

Subscribe today to get ALL ACCESS!

A premium subscription gives you access to all articles and provides:

  • Trusted insight, news and analysis from the UK and across the globe
  • Connections to senior business lawyers within the leading law firms and legal departments
  • Unique access to ALM’s unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week’s UK Top 50 and Global 100 rankings
  • The Legal Week Daily News Alert, Editor’s Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
  • Optimized access on all of your devices: desktop, tablet and mobile
  • Complete access to the site’s full archive of more than 56,000 articles

Subscribe Now For All Access

For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651