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  5. arwe Holding Acquires CAR24

M&A Deal Summary

arwe Holding Acquires CAR24

On April 7, 2014, arwe Holding acquired business services company CAR24

Acquisition Highlights
  • This is arwe Holding’s 1st transaction in the Business Services sector.
  • This is arwe Holding’s 1st transaction in Germany.

M&A Deal Summary
Date 2014-04-07
Target CAR24
Sector Business Services
Buyer(s) arwe Holding
Deal Type Add-on Acquisition

Target

CAR24

Kassel, Germany
CAR24 GmbH is a provider of vehicle transfer and car rental services. CAR24 was formed in 1997 and is based in Kassel, Germany.

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Buyer(S) 1

Buyer

arwe Holding

Munich, Germany
Category Company
Founded 1973
Sector Automotive
DESCRIPTION

arwe Holding is an outsourcing partner for car rental agencies, automotive OEMs and major car dealers in Germany. arwe Holding was formed in 1973 and is based in Munich, Germany.

DEAL STATS #
Overall 2 of 3
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 3
Country: Germany M&A 1 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-12 Fleet Care Services S.L.

Madrid, Spain

Fleet Care Services S.L. offers automotive mobility services for car rental companies in Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-14 Car-King

Dreieich, Germany

Car-King GmbH is a system service provider for motor dealerships, car pool fleets and insurance companies. Located in Dreieich, the company develops tailor made concepts for each individual customer that perfectly suit its needs.

Buy -
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