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Announced

Completed

BYmyCAR Group completed the acquisition of Renault Retail Group in Barcelona.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Specialty Retailers

Friendly

Cross Border

Private

Acquisition

Single Bidder

Spain

dealership

Majority

Completed

Synopsis

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BYmyCAR Group, a seller and distributor of automobiles, completed the acquisition of Renault Retail Group, a dealership, in Barcelona. Financial terms were not disclosed. "BYmyCAR is the best partner we could find, its experience and the results that guarantee it -together with our product offensive- will allow Renault to recover the hearts of the Catalans in the new age of electrification," Sébastien Guigues, Renault General Director.

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