CZOO - Mergers and acquisitions

Swipcar is a leading Spanish digital car subscription marketplace Based in Barcelona with growing presence in Italy and Portugal Offers a wide selection of cars for all-inclusive monthly payment Team of almost 100 people with strong digital & auto experience Extensive commercial relationships with OEMs/leasing companies Deal will accelerate Cazoo's planned launch in Spain & Italy in 2022 Cazoo (NYSE:CZOO), Europe's leading online car retailer, which makes buying and selling a car as simple and seamless as ordering any other product online, today announced that it has acquired Swipcar, Spain's leading consumer car subscription marketplace. This press release features multimedia.

SMH is one of the UK's leading vehicle preparation, logistics & storage businesses Operating from 6 sites across the UK for reconditioning, imaging, storage & delivery Team of over 500 experienced vehicle preparation staff and 300 logistics specialists Including own online auction platform for remarketing used cars to wholesale market Combines Cazoo's world-class consumer platform with SMH's leading infrastructure Deal will double Cazoo's UK reconditioning and logistics capability & storage capacity Providing Cazoo with a total of 11 reconditioning/storage sites across over 265 acres  Creates significant opportunity for Cazoo to scale its operations in line with its growth

... as it drives forward with UK growth and European expansion Cazana is one of the leading data insights platforms in the European automotive industry Expert team of 50 including data scientists & engineers, enhancing Cazoo's capabilities Cazana products include real-time valuations, pricing trends & stock management tools Extensive dataset of over 500 million historic vehicle prices from more than 40 countries Platform and data tools used by vehicle manufacturers, lenders, fleet owners & insurers Combines Cazoo's leading retail platform & brand with Cazana's leading data & products Deal enhances Cazoo's pricing data and tools to optimise both vehicle buying and selling Caz