PSA enters into strategic alliance with Aramis Auto

AramisAuto and PSA Group enter into exclusive negotiations: Clipperton is pleased to announce it acts as exclusive financial advisor to Aramisauto and its shareholders inc. Serena Capital and 360° Capital Partners on the transaction

The leading online retailer of used cars in Europe (€360m revenue) announced it entered into exclusive negotiations with PSA Group with respect to a strategic capital alliance aiming at accelerating its growth and expanding internationally.

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Press release (extract)

As for PSA Group, this partnership will constitute a key milestone in the execution of its Push to Pass growth plan. By leveraging Aramisauto’s leadership position and unique value proposition, the Group will further penetrate the used car online segment and will offer Aramisauto’s customers its financing, insurance, warranty and maintenance solutions. READ FULL PR

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