Aramis: acquisition of Cazoo Trading Italy – 2022-11-01 at 08:00

( – As part of Cazoo Group’s strategic review of its activities in Europe, Aramis Group announces an agreement to take over 100% of the capital and voting rights of Cazoo Trading Italy, which will be renamed brumbrum with immediate effect.

This company, acquired with immediate effect, sells approximately 1,600 used vehicles to individuals per year for a turnover of approximately 30 million euros. The transaction does not give rise to any condition precedent, in particular anti-competition.

It allows Aramis to enter, under attractive financial conditions, a strategic market in Continental Europe, representing 20 billion euros in annual transactions, and where Stellantis, its majority shareholder, has a very strong presence.


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