MUNICH, November 12, 2013 /PRNewswire/ --
arwe Service GmbH is located in Munich and is European market leader for automotive services in the Automotive, Car Rental and Mobility Services sectors. On 8th November 2013 arwe has acquired all shares of the Spanish Fleet Care Services S.L. (FCS). From today arwe takes over all shares of the Spanish Fleet Care Services S.L. (FCS). FCS is the leading service provider in the segment of automotive mobility services to car rental service providers in the Spanish market. The objective of this transaction is the continuation of arwe's international expansion and the further development of its successful business model "Car Rental Centre". The parties agreed to keep the purchase price confidential.
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With more than 300 employees Fleet Care Services S.L. offers automotive logistics and backup services to rental car providers at more than 40 locations in Spain, including all major airports such as Madrid, Barcelona and Palma de Mallorca, as well as numerous central railway stations and city locations. FCS includes all major European car rental companies in their customer portfolio, for which FCS performs cleaning, provision of vehicles for re-rental as well as data and damage registration. For 2013 the forecast total turnover of FCS will exceed eight million Euro.
"With Fleet Care Services the arwe group gains a strong partner in the Spanish market at a time when the forecast upturn on the Iberian Peninsula creates the potential for successful cooperation where the individual strengths of both companies are brought together and can be supported with additional know-how and sufficient capital resources," emphasizes Dr. David Gabrysch, managing shareholder of arwe Service GmbH.
International success model of the arwe car rental centre
Starting in1992 arwe planned and brought into operation, Europe's first rental car centre at Munich airport as a centralized service facility. In 2013 the rental car center was extended, confirming the internationally successful business model. Up to 850,000 vehicles per year can be processed in the car rental center Munich. The arwe business model "Car Rental Centre" provides flexible and sustainable solutions for airport operators, car rental companies but most importantly for their customers. The culmination of these investment opportunities in the European automobile services market has facilitated the takeover of FCS. Currently arwe operates car rental centres at the five biggest German airports. In 2011 arwe installed France's first car rental centre in France at the Nice airport. Ten further centres in Europe are in mid-term planning. With the addition of the Spanish market the company has accomplished an important step in its strategic expansion.
"To guarantee the projected expansion into the future in the Spanish market, FCS needed a strong partner with specialized process know-how. The business model of the arwe group and their respected market competence, create ideal conditions for successful business development," adds Carlos Redondo, former owner of Fleet Care Services S.L., who shall continue to progress the development on the Iberian Peninsula as managing director of FCS.
About arwe Service GmbH
arwe Service GmbH located in Munich is the market leader and innovator for automotive services in Germany. With around 1,900 employees at more than 30 locations in Germany and France the company performs personnel-intensive, technical and logistical processes for customers from Automotive, Car Rental and Mobility Services. Aside of the major car rental companies AVIS, Europcar, HERTZ and SIXT arwe is also a major supplier for premium brands such as AUDI, BMW, Mercedes and Porsche as well as for the CarSharing service provider DriveNow.
With its business model of Full-Line-Service partnership, arwe Service GmbH generates added value for their customers. Arwe, with more than 2 million vehicle movements per year and projected annual revenue beyond 80 million Euros for 2013, is Europe's market leader in mobility services.
For more information visit: http://www.arwe-service.co.uk
About Fleet Care Services S.L.
With more than 300 employees Fleet Care Services S.L. offers automotive mobility services for car rental companies at more than 40 locations in Spain. FCS counts all notable European car rental companies to their customers. For these FCS - among other - performs data and damage collection, cleaning and provision of vehicles for re-rental. The projected annual revenue 2013 of FCS exceeds eight million Euros.
Further information:
IRA WÜLFING KOMMUNIKATION GmbH
Dr. Reinhard Saller
T +49(0)89-2000-30-38
F +49(0)89-2000-30-40
reinhard.saller@wuelfing-kommunikation.de
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