Month: January 2019

Lausan acquires a majority of Soulima

The global supplier of automobile spare part distribution services Lausan has acquired a majority share of Soulima – Comércio de Peças, SA, the Portuguese spare part wholesaler that was a Serca partner since 2014. The news has been released after eight long months of negotiation to "not make mistakes of the past", as explained by the manager of Lausan, Ander Beldarrain, during the press call in which they have released the news.

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RS Exclusively sold to EFTD – contracts signed

Friday night are long negotiations between Thomas Schmidt, owner and CEO of RS Exclusiv, and the representatives of European Fintyre Distribution Ltd. (EFTD) has come to a successful conclusion: the tire wholesaler based in Hohenwestedt near Neumünster will thus have a new owner, along with its 26 TireXpert branches. As is known, the company has been for sale for several years; now the conclusion and the contract signing of the 68-million-euro turnover (2017) making wholesalers and its branches (20 million-euro conversion). US financial investor Bain Capital Private Equity (New York), which is financing the expansion of EFTD, is thus expanding its relevance on the German tire market. 

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