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Announced

Completed

Cazoo completed the acquisition of Smart Fleet Solutions.

Synopsis

Cazoo, an online car retailer, completed the acquisition of Smart Fleet Solutions, an independent vehicle reconditioning and storage specialist. Financial terms were not disclosed. “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 and his team and we look forward to working with them and to investing in continuing to serve its customers and growing the SFS business further," Alex Chesterman OBE, Cazoo Founder & CEO.

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