Aramis Group - Inauguration of the second vehicle refurbishing site
in France
PRESS RELEASE
Arcueil, June 29, 2022
Aramis Group inaugurates its second
vehicle refurbishing site in
France
- A pioneer in Europe for
industrial-scale vehicle refurbishing, Aramis Group is on track to
double its vehicle processing capacity in France,
up to 50,000 vehicles per year, to meet customers’ expectations
increasingly effectively and support its ambitions to continue
building on its strong growth
- Located in Saint-Pierre-Lès-Nemours
(Paris Region), this new site offers outstanding
complementary geographical features with the longstanding
site in Donzère (south of France) and will make it possible to
manage delivery times and logistics costs more
effectively
- This investment confirms Aramis
Group’s pivotal role within the circular economy,
and its contribution to maintaining industrial activities in France
and creating qualified local jobs
Aramis Group [Ticker: ARAMI – ISIN:
FR0014003U94], European leader for B2C online used car sales,
operating the Aramisauto, Cardoen, Clicars and CarSupermarket
brands in France, Belgium, Spain and the UK respectively, is
announcing the inauguration of its new industrial-scale used
vehicle refurbishing site in France.
Nicolas Chartier and Guillaume Paoli,
co-founders1 of Aramis
Group: “We are very proud to
inaugurate our second vehicle refurbishing site in France. Since
Aramis Group was founded in 2001, we have been committed to
continuously improving the service provided for our customers, by
offering them refurbished used vehicles with the best value for
money, delivered in record times, as well as the market’s best
warranties and services. Customer satisfaction has guided our
actions heading up the Group over the past 20 years. Following the
Donzère site, which opened in 2014, this new site in
Saint-Pierre-Lès-Nemours will become a new European hub, thanks in
particular to its rapid refurbishing line, and will enable us to
offer access for a growing number of customers to an individual
mobility model that is more virtuous and environmentally
responsible than buying a new vehicle”.
Saint-Pierre-Lès-Nemours, a new
refurbishing site for Aramis
Group
Aramis Group’s new industrial-scale refurbishing
site aims to further reduce the Group’s lead times for processing
vehicles in France. Thanks to two production lines (compared with
just one in Donzère), including a rapid line for recent used
vehicles, it will be possible to further optimize the flows of
vehicles to be refurbished at this site.
Located in Saint-Pierre-Lès-Nemours, less than
one hour from Paris, on a 4.9 hectare site, this new facility
includes a building with around 5,000 sq.m of space and will make
it possible to hold up to 1,500 vehicles in stock. When it reaches
its full capacity by the end of 2023, this site will enable Aramis
Group to double its refurbishing capacity in France, up to 50,000
units per year, while creating 150 direct, local and qualified
jobs.
Aramis Group’s annual capex budget for 2022,
estimated at a total of €25 million (c.50% for the digital
ecosystem and c.50% for refurbishing capacity) includes the
investments required to set up the Saint-Pierre-Lès-Nemours
site.
With the inauguration of this new site, Aramis
Group now has five industrial-scale vehicle refurbishing sites:
Donzère (France), Madrid-Villaverde (Spain), Goole (UK), Antwerp
(Belgium) and Saint-Pierre-Lès-Nemours (France). A sixth site will
be opening by the end of 2022 in the UK, in Hull. Together, these
six sites will take the Group’s estimated total annual refurbishing
capacity up to 132,000 vehicles by the end of 2023.
Refurbishing vehicles, a rational
alternative from an environmental and economic
perspective
With this new site in Saint-Pierre-Lès-Nemours,
Aramis Group is further strengthening its position as a major
player within the circular economy in France and is looking to
improve the carbon footprint of its road transport flows, by
notably prioritizing the nearest refurbishing site when acquiring
vehicles from private owners.
In the same way as the Donzère site, the
Saint-Pierre-Lès-Nemours site will ensure a strong focus on the
recycling and recovery of waste generated in connection with the
refurbishing process. In 2021, Aramisauto, the Group’s French
subsidiary, recorded a waste recovery rate of 76%.
The site will also focus on repairing parts
instead of replacing them, especially for bodywork and windows,
targeting a further reduction in the volume of waste generated by a
car when it is refurbished (20.7 kg on average for 2021).
With nearly 250,000 used cars refurbished
in-house across its four geographies since 2014, and around 500
staff dedicated to these operations locally, Aramis Group has not
only established the standards for the vehicle refurbishing
industry to follow, but also shown the relevance of its approach
and the strong levels of support for its model among its customers.
Benefiting from a proven business model and the strategic and
financial support of its majority shareholder Stellantis, the Group
is positioned to continue moving forward with its strategy to grow
its market shares and capitalize on the opportunities opening up
for the most robust operators as a result of the automotive
market’s increased complexity over the last few months.
***
About Aramis Group
Aramis Group is the leading European B2C
platform for online used car sales, operating the Aramisauto,
Cardoen, Clicars and CarSupermarket brands, in France, Belgium,
Spain and the UK respectively. The Group is transforming the used
car market and harnessing digital technology to support customer
satisfaction with a fully vertically integrated business model. For
the first half of FY 2022, Aramis Group generated revenues of €873
million, sold more than 41,000 vehicles B2C, and recorded more than
40 million visits to its websites. At end-March 2022, the Group had
more than 1,800 employees, a network of 60 agencies and four
industrial refurbishing sites. Aramis Group is listed on Euronext
Paris Compartment A (Ticker: ARAMI – ISIN: FR0014003U94). For more
information, visit www.aramis.group.
Disclaimer
Certain information included in this press
release is not historical data but forward-looking statements.
These forwardlooking 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 26, 2022, approved by the AMF
under number R. 22-004 and available on the Group’s website
(www.aramis.group) and on the AMF website (www.amf-france.org), and
in particular the risks identified under paragraphs 3.1.1 “Risks
related to general economic conditions and their trend”, 3.1.2
“Risks relating to trends in the automotive industry”, 3.2.1 “Risks
related to the procurement of used cars” and 3.2.2 “Risks related
to price changes on the used cars market”. 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.
Investors contact
Alexandre LeroyHead of Investor
Relationsalexandre.leroy@aramis.group
+33 (0)6 58 80 50 24
Press contacts
Brunswickaramisgroup@brunswickgroup.comHugues
Boëton +33 (0)6 79 99 27 15Alexia Gachet +33 (0)6 33 06 55 93
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 - Aramis Group inaugurates its
second vehicle refurbishing site in France
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