Announced
Completed
Synopsis
Europart, a German commercial vehicle spare parts provider, completed the acquisition of Experica, an Italian commercial vehicle parts dealer. Financial terms were not disclosed. “Acquisition of Experica as Italian market leader marks an exciting step in our growth strategy. Experica is an established company with an impressive development over the last years. We are proud to win Experica's excellent know-how into EUROPART Group. This partnership strengthens our position and enhances our ability to deliver even greater value to our customers. Together, we are able to supply large customers in Southern Europe on a daily basis via local warehouse and branches. We look for-ward to combining our strengths and shaping a successful future together,” Olaf Giesen, Europart CEO.
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