Aramisauto acquires the Belgian group Cardoen

15 May 2018

Aramisauto accelerates its international development.

Aramisauto is pleased to annouce the acquisition of Cardoen, leader of multibrand automotive retail in Belgium with Cardoen.be, 13 points of sales throughout Belgium and a one hundred-strong team.

Cardoen generates 160M€ revenues and has sold over 13 000 cars last year. As Aramisauto, Cardoen has built its success on focus on consumer needs and their satisfaction, it has an excellent reputation in Belgium.

 

 

This operation comes after a majority investment in Clicars in Spain in 2017 :  Aramisauto is accelerating its international development so as to become Europe’s #1 go-to destination to buy a car.

Buying a car is the second largest investment of European households, and is their preferred mean of transportation.

Unfortunately, buying a car is often unpleasant : for example, over 41% of european used car buyers have a major problem with their car in the first year after buying it (European Comission survey n° EAHC/FWC/2013 85 01).

 

 

We are building a group, a ‘family’ of companies that ambition to propose the best solution for consumers willing to buy a car.

This family shares the same ambition, the same mission, and a common entrepreneurial culture & values. Our companies will share best practises and develop synergies.