18.11.2016
Delticom AG DE0005146807
DGAP-News: Delticom acquires material assets of AutoPink
DGAP-News: Delticom AG / Key word(s): Investment/Strategic Company Decision
Delticom acquires material assets of AutoPink
18.11.2016 / 12:20
The issuer is solely responsible for the content of this announcement.
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Delticom acquires material assets of AutoPink
Hanover, November 18, 2016 - Delticom (WKN 514680, ISIN DE0005146807,
ticker symbol DEX), Europe's leading online retailer of tyres and
accessories as well as an efood specialist, acquired the material assets of
AutoPink through an asset deal.
AutoPink is an online-dealer for used cars located in France. The company
was founded in 2008 and operates the domains AutoPink.com and
facilicar.com. Potential interested buyers get via these websites direct
access to a selection of high-quality cars from corporate fleets or trade-
in from private individuals. Each vehicle sold by AutoPink was preselected
based on rigorous criteria. Richest and most transparent information about
the vehicle like pictures, quality, price, maintenance history as well as a
description of possible defects are provided online to enable customers to
make a well-informed buying decision. Potential sellers benefit for free
from a comprehensive assessment of the car and receive directly after the
on-site inspection a quotation at a fair market price.
Company founder Thomas Bertrand and his entire team comprising seven
employees not only possess profound vehicle and service expertise as well
as long-term experience in purchasing and selling used cars, but also have
a high level of competency in online marketing and distribution. In 2015,
the company generated revenues in the single-digit millions.
At a purchase price of around half a million Euro Delticom recently
acquired beside the two brands AutoPink and Facilicar also the
corresponding domains, the customer base as well as existing IT-systems and
contracts.
Thierry Delesalle, board member of Delticom AG, is delighted about this new
partnership: "With AutoPink we are completing our product offering in the
automotive sector. Thomas Bertrand and his team successfully established
the business with high-quality used cars over the past years and
intelligently managed the link between the offline and the online world.
Unified under one roof we will continue along the road to success in the
years to come."
Thomas Bertrand, founder and managing director of AutoPink, adds: "Delticom
has longstanding experience in the online automotive business. We are proud
to win with Delticom the European market leader in its field. Delticom's
key competences in combination with its strong partner network will help us
to strongly leverage our position in the used car transaction market, with
an exciting scale. Besides the comprehensive market and product know how,
we will especially benefit from the core strengths of the Hanover team in
online marketing and IT. There is a high degree of similarity in many areas
and we are looking forward to this new partnership and the creative further
development of our business."
About Autopink:
AutoPink streamlines the relationship between used car seller's and buyer's
to raise the buying experience. AutoPink provides private individuals and
fleets who want to sell their car with an instant online quote based on
information submitted via an online form. If the customer agrees, upon
appointment, an AutoPink expert meets with them at their home or in one of
the branches to check the submitted information in 30 minutes, pick up the
car and confirm payment.
Datamining, the industrialization and sub-contracting of the reconditioning
process, digitization of sales' funnels and a light multi-level retail
model have already helped AutoPink build the foundations of a powerful and
efficient C2C marketplace.
The used car market is one of the last big markets not to be disrupted by
the Internet: some 28 million second-hand cars are sold every year in
Western Europe solely. Consumers are so disenchanted with the existing
options that half of European transactions are conducted without any
middlemen via classified ads.
About Delticom:
Delticom is Europe's leading online retailer of tyres and automotive
accessories. Founded in 1999, the Hannover-based company operates more than
300 online shops and websites in 41 countries, including ReifenDirekt in
Germany, Austria and Switzerland. The Delticom Group also owns the shops of
Tirendo. The broad product range for private and corporate customers
comprises more than 100 brands and more than 25,000 models of tyres for
cars, motorbikes, trucks, commercial vehicles and buses, as well as
complete wheels.
Customers enjoy all the benefits of modern e-commerce: easy ordering at
home, a high ability to supply, and, not least, attractive prices. Goods
are delivered within two working days on average, either to a customer's
home address or an alternatively designated address. Customers can also
have their tyres delivered to one of more than 44,000 service partners
worldwide (with 9,600 in Germany alone), which provide professional and
cost-effective tyre fitting services for the Group's customers. More than
300,000 new vehicle parts, including motor oils, automotive spare parts and
automotive accessories round out the product range.
In the efood area, Delticom AG is a leader in automated logistics processes
and offers a comprehensive range of foodstuffs: a total of 17,000 articles
are available in the gourmet online supermarket Gourmondo.de alone.
Website: www.delti.com
Contact:
Delticom AG Investor Relations
Melanie Gereke
Brühlstrasse 11
30169 Hannover
Tel.: +49 (0)511-936 34-8903
Fax: +49 (0)511-936 89-208081147
Email: [email protected]
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18.11.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Delticom AG
Brühlstraße 11
30169 Hannover
Germany
Phone: +49 (0)511 93634 8000
Fax: +49 (0)511 33611 655
E-mail: [email protected]
Internet: www.delti.com
ISIN: DE0005146807
WKN: 514680
Listed: Regulated Market in Frankfurt; Regulated Unofficial Market
in Berlin, Dusseldorf, Hamburg, Hanover, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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522459 18.11.2016
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