Announced
Synopsis
Cazoo, an online car retailer, agreed to acquire Drover, a car subscription services provider. Financial terms were not disclosed. “The acquisition of Drover will enable Cazoo to rapidly expand into car subscriptions and give our customers the option of purchasing their next car outright, financing it over a multi-year period or subscribing for a shorter, more flexible period. I am looking forward to welcoming Felix and his team to Cazoo and continuing to deliver the most innovative and best options for consumers across the UK looking for their next car," Alex Chesterman, Cazoo Founder and CEO.
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