M&A Deal Summary

arwe Holding Acquires Fleet Care Services S.L.

On November 12, 2013, arwe Holding acquired automotive company Fleet Care Services S.L.

Acquisition Highlights
  • This is arwe Holding’s 1st transaction in the Automotive sector.
  • This is arwe Holding’s 1st transaction in Spain.

M&A Deal Summary

Date 2013-11-12
Target Fleet Care Services S.L.
Sector Automotive
Buyer(s) arwe Holding
Deal Type Add-on Acquisition

Target

Fleet Care Services S.L.

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

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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 1 of 3
Sector: Automotive M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 3
Country: Spain M&A 1 of 1
Year: 2013 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-07 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.

Buy -