AURES Holdings (“AURES”), a leading multi-brand pre-owned car retailer in Central Europe, announces that its current shareholders have signed a share purchase agreement under which EP Equity Investment, an international investment firm led by Czech investor Daniel Křetínský, will acquire 100% stake in AURES. Completion of the transaction remains subject to customary closing conditions, including regulatory approvals.
This marks an important milestone for AURES after more than ten years under private equity ownership. During that time, AURES has built a leading position in its core markets of the Czech Republic, Slovakia and Poland, with a strong customer brand and a proven operating model in the pre-owned car segment.
Until completion, it is business as
usual for AURES. The company will continue to operate under its existing brands
and continue serving customers in all markets without interruption. There is no
immediate change to day-to-day operations, to the management structure, or to
the way AURES works with its employees, customers and business partners.
Karolína Topolová and Petr Vaněček,
Co-CEOs of AURES Holdings, said:
“Today’s announcement confirms the
strength of AURES and the work of our people. We have built a dominant position
in our core markets and a trusted brand for customers. The planned change of
ownership is intended to provide long-term stability and support for the next
stage of the company’s development. Our focus now is straightforward: keep
delivering for customers, keep running the business safely and efficiently, and
keep looking after our teams.”
Further details of the transaction will
be communicated once all required approvals are obtained. No additional terms
are being disclosed at this time.
About AURES Holdings
AURES Holdings is a leading pre-owned
car retailer in Central Europe. The Group operates well-known automotive brands
across the Czech Republic, Slovakia and Poland and provides customers with
vehicle sales, buy-in, financing and related mobility services. The company
employs around 3,000 people.
About EP Equity Investment
EP
Equity Investment is a major investment firm focused on making long-term,
strategic investments in both publicly listed and significant private
companies. The firm’s total portfolio is valued at over EUR 2.5 billion.
The majority owner and controlling shareholder of EP Equity Investment is
Daniel Křetínský.
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