Stellantis to Sell Controlling Stake in Used-Car Platform Aramis Group
Stellantis is reportedly preparing to sell its controlling stake in used-car platform Aramis Group, according to a report by French publication L’Informé. The automaker currently owns approximately 60.5% of Aramis' capital and holds voting control with 67.4%. Two investment banks have been tasked with facilitating the potential disposal. The move signals Stellantis' strategy shift, possibly focusing on divesting non-core assets to streamline operations or fund new initiatives in its evolving automotive portfolio. The sale could attract interest from private equity firms and other strategic investors looking to capitalize on growth opportunities within the used-car market segment.
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Topics: Aramis Group investment banks Stellantis