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Announced

Completed

Cazoo completed the acquisition of brumbrum for $90m.

Synopsis

Cazoo, an online car retailer, completed the acquisition of brumbrum, a digital car retailer and subscription platform, for $90m. “brumbrum is the leading online car retailer and car subscription player in Italy and has built a great team, culture and business and much like Cazoo in the UK, it has been pioneering the shift to online car buying in Italy. We are expanding into key European markets at a faster pace than anticipated and this acquisition will accelerate our launch plans in Italy so that we can deliver better selection, value, quality and convenience to consumers when buying or subscribing to their next car in Italy. I look forward to welcoming the brumbrum team to Cazoo and working with them to deliver the best car buying experience to Italian consumers," Alex Chesterman Cazoo Founder and CEO.

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