CAZOO ACQUIRES SMART FLEET SOLUTIONS

Online used car retailer Cazoo has acquired Smart Fleet Solutions (SFS), a vehicle reconditioning and storage company, for an undisclosed sum.

2020: CAZOO ACQUIRES IMPERIAL CAR SUPERMARKET

SFS has a team of over 500 staff operating from four state-of-the-art vehicle refurbishment facilities across 110 acres in Nottinghamshire, Staffordshire, Wiltshire and Scotland, processing over 100,000 vehicles annually with storage for more than 20,000 vehicles.

2020: USED CAR STARTUP ACQUIRES DROVER SUBSCRIPTION PLATFORM

This deal follows the recent acquisition by Cazoo of car subscription platform Drover in December 2020, and of the Imperial car supermarket chain in July.

Alex Chesterman OBE, Founder & CEO of Cazoo said: “We are excited to have acquired SFS given its infrastructure and vehicle processing capacity as well as its dedicated team of over 500 vehicle preparation experts. It will remain a standalone business run by Theo (Kortland, MD of SFS) and his team and we look forward to working with them and investing in continuing to serve its customers and growing the SFS business further.”

For the latest news and analysis from around the aftermarket, sign up to the CAT eNewsletter today

Published by Greg Whitaker

Editor of CAT Magazine and an experienced motoring journalist @GregWhitaker5

Legal hand car washes “outnumbered” by illegal sites as £2.5m in fines handed out

Home Office data revealed that 87 hand car washes across the UK were fined some £2.5 million for ‘right to work’ offences in 2023

Read More

Record visitor numbers at UK Garage & Bodyshop Event

Over the two days, the event welcomed an impressive 5125 industry professionals at the NEC in Birmingham

Read More

IAAF launches “myth-busting” Right to Repair campaign

It will focus particularly on the updated Motor Vehicle Block Exemption Order

Read More

Movers & Shakers: New chairman for VLS

All the latest changes from across the sector, including new roles, promotions, and retirements

Read More

Delphi Academy launches “pioneering” hydrogen training course

The two-day ‘advanced hydrogen’ training course promises a deeper understanding on the principles of hydrogen fuel cell

Read More

Go to comments

Your email address will not be published. Required fields are marked *