Aramis Group - Second refurbishing center inaugurated in the UK, Europe’s leading market for used car sales
February 06 2023 - 11:45AM
Aramis Group - Second refurbishing center inaugurated in the UK,
Europe’s leading market for used car sales
PRESS RELEASE
Arcueil, February 6, 2023
Second refurbishing
center inaugurated in the UK,
Europe’s leading market for used car sales
Aramis Group [Ticker: ARAMI – ISIN:
FR0014003U94], European leader for B2C online used car sales,
present in six countries, is announcing the inauguration of its
second used vehicle refurbishing center in the United Kingdom,
Europe’s largest market for used vehicle sales with over 6.5
million units sold in 2022.
Located in Hull, Yorkshire, this new 15,000 sq.m
center includes a dedicated refurbishing building of 4,800
sq.m. It will complement the longstanding Goole site and drive
productivity and efficiency gains for vehicle preparation. It
represents a total investment of around €2.5 million.
Once fully operational, this new center will
increase Aramis Group’s processing capacity in the UK by around
25,000 vehicles per year, helping serve a growing number of UK
customers with quality refurbished cars at the right price, in line
with its focus on the circular economy. The Goole center currently
processes around 13,000 vehicles annually.
Up to 100 qualified local jobs will be created
over time, helping further strengthen the industrial network and
strong local roots of CarSupermarket.com, Aramis Group’s UK
subsidiary. However, in view of current automotive market trends in
the UK, the Hull center’s ramp-up has been adapted in line with the
level of demand, with certain business experts redeployed from
Goole to the Hull site and a limited number of new hires. As soon
as the economic context improves, CarSupermarket.com will be able
to strongly re-accelerate and relaunch its growth, in a
structurally deep and attractive UK market.
Nicolas Chartier and Guillaume Paoli,
co-founders1 of Aramis
Group: “Following the opening of the Antwerp refurbishing
center in November 2021, the Group’s first site in Belgium, then
the Nemours facility in June 2022, its second site in France,
Aramis Group is delighted to inaugurate its second site in the UK.
Thank you to all our teams for this great achievement, and
particularly Matt Barrick, who has been with CarSupermarket.com for
more than 15 years and was recently appointed as CEO of our UK
operations, and who has been a driving force behind its
development. This center illustrates the convergence of practices
within Aramis Group, with CarSupermarket.com benefiting from the
transfer of the industry-leading vehicle refurbishing expertise in
Europe built up since 2014 by AramisAuto, our French subsidiary, at
its Donzère center in the south of France. Located in Hull,
Yorkshire, the region where CarSupermarket.com was founded more
than 20 years ago and where the brand has a strong leading position
locally, this new center will enable us to triple our vehicle
processing capacity in the UK over time, helping consolidate our
position in this country and supporting our objectives for
growth”.
***
About Aramis Group –
www.aramis.group
Aramis Group is the European leader for B2C
online used car sales and operates in six countries. A fast-growing
group, an e-commerce expert and a vehicle refurbishing pioneer,
Aramis Group takes action each day for more sustainable mobility
with an offering that is part of the circular economy. Founded in
2001, it has been revolutionizing its market for over 20 years,
focused on ensuring the satisfaction of its customers and
capitalizing on digital technology and employee engagement to
create value for all its stakeholders. With annual revenues of
nearly €2 billion, Aramis Group sells more than 90,000 vehicles B2C
and welcomes close to 80 million visitors across all its digital
platforms each year. The Group employs nearly 2,400 people and has
eight industrial-scale refurbishing centers throughout Europe.
Aramis Group is listed on Euronext Paris Compartment A (Ticker:
ARAMI – ISIN: FR0014003U94).
Investors contact
Alexandre LeroyHead of Investor
Relationsalexandre.leroy@aramis.group
+33 (0)6 58 80 50 24
Press contacts
BrunswickHugues Boëton Tristan Roquet
Montegon
aramisgroup@brunswickgroup.com+33 (0)6 79 99 27
15
Disclaimer
Certain information included in this press
release is not historical data but forward-looking statements.
These forward-looking statements are based on current beliefs and
assumptions, including, but not limited to, assumptions about
current and future business strategies and the environment in which
Aramis Group operates, and involve known and unknown risks,
uncertainties and other factors, which may cause actual results or
performance, or the results or other events, to be materially
different from those expressed or implied in such forward-looking
statements. These risks and uncertainties include those discussed
or identified in Chapter 3 “Risk Factors” of the Universal
Registration Document dated January 18, 2023, approved by the AMF
under number R. 23-002 and available on the Group’s website
(www.aramis.group) and on the AMF website (www.amf-france.org).
These forward-looking statements and information are not guarantees
of future performance. Forward-looking statements speak only as of
the date of this press release. This press release does not contain
or constitute an offer of securities or an invitation or inducement
to invest in securities in France, the United States or any other
jurisdiction.
1 Nicolas Chartier is Chairman and Chief
Executive Officer of the Company, and Guillaume Paoli is Deputy
Chief Executive Officer, based on a two-year rotation
- Press release - ARAMIS GROUP - Second refurbishing center
inaugurated in the UK, Europe’s leading market for used car
sales
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