The transaction highlights the long standing relationship between Aramisauto and Clipperton and comes after the majority investment in Spain-based Clicars in 2017, the strategic alliance formed with PSA Group in 2016 and a venture financing in 2009.

With this transaction, Clipperton demonstrates once again the capabilities of its European advisory platform and its capacity to accompany its clients in their cross-border operations.

The transaction follows a series of transforming M&A deals announced by Clipperton since January 2018 including the acquisition of Cheers by CEWE [CWC.F], the sale of Foodcheri to Sodexo [SW.PA] and the sale of Quitoque to Carrefour Group [CA.PA].

The transaction will enable Aramisauto to pursue its international expansion, following a majority investment in Spanish start-up in 2017. Both transactions constitute key milestones in the Group’s strategy aiming to establish Aramisauto as the #1 go-to destination in Europe to buy used cars.