1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Belgium >
  5. Aramis Group Acquires Cardoen cars

M&A Deal Summary

Aramis Group Acquires Cardoen cars

On May 15, 2018, Aramis Group acquired retailer Cardoen cars from KeBeK Private Equity

Acquisition Highlights
  • This is Aramis Group’s 1st transaction in the Retail sector.
  • This is Aramis Group’s 1st transaction in Belgium.

M&A Deal Summary
Date 2018-05-15
Target Cardoen cars
Sector Retail
Buyer(s) Aramis Group
Sellers(s) KeBeK Private Equity
Deal Type Add-on Acquisition

Target

Cardoen cars

Antwerpen, Belgium
Cardoen cars is a car superstore chain. Cardoen cars was founded in 1949 and is based in Antwerpen, Belgium.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Aramis Group

Arcueil, France
Category Company
Sector Internet Software and Services
DESCRIPTION

Aramis Group is a European B2C platform for online used car sales, operating the Aramisauto, Cardoen, Clicars and CarSupermarket brands, in France, Belgium, Spain, and the UK respectively. The Group is transforming the used car market and harnessing digital technology to support customer satisfaction with a fully vertically integrated business model. Aramis Group is based in Arcueil, France.

DEAL STATS #
Overall 1 of 3
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Belgium M&A 1 of 1
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-27 Onlinecars

Dobl, Austria

Onlinecars is a brand-independent used car dealer in Austria that offers vehicles at unbeatable outlet prices and all technical services related to mobility. The company relies on the development of its services, ongoing expansion of technology, and efficient solutions from purchasing to vehicle delivery. The vehicle sales of all locations are around 15,000 units per year. Up to 3,000 vehicles in storage are available to customers at any one time for on-site inspections at its locations. Onlinecars was formed in 2005 and is based in Dobl, Austria.

Buy -

Seller(S) 1

SELLER

KeBeK Private Equity

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2013
Size Small
Type Sector Agnostic
DESCRIPTION

KeBeK Private Equity is an independent private equity fund that invests in lower middle-market, growth-oriented companies with €10 to €50 million of revenue. The Firm is sector agnostic, prefers controlling stakes, however will consider select minority investment situations. KeBeK Private Equity was established in 2013 and is headquartered in Strombeek-Bever, Belgium.

DEAL STATS #
Overall 2 of 5
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Belgium M&A 2 of 5
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-15 Vanderscheuren

Diksmuide, Belgium

Vanderscheuren is a manufacturer of high-precision parts in metal and specializes in the production of high-quality products mainly for industrial machine construction. Vanderscheuren is based in Diksmuide, Belgium.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-16 Alphamin SA

Wavre, Belgium

Alphamin SA is a distributor of speciality polymers and waxes, working worldwide. Alphamin was founded in 1991 and is based in Wavre, Belgium.

Sell -
Mergr

Solution for

Product

Company

Legal