DEALER CORPORATION HOLDING B.V. announces the purchase of AUTO123.COM and EVOLIO trademarks and business operations under the Canadian entity AUTO 123 INC.
Laval, July 20, 2017 – In order to accelerate its development and strengthen its Canadian market presence following the acquisition of DEALERCITY CANADA INC, which uses a virtuous and profitable business model based on renowned and innovative technology, DEALER CORPORATION has purchased the trademarks and business operations of AUTO123.COM and EVOLIO.
This new acquisition will allow AUTO 123 INC to offer professionals in the automotive and recreational product industries access to the top experts and largest portfolio of solutions to help them develop and optimize their digital strategy.
Included are online and mobile tools designed to improve sales and marketing performance and provide access to advertising media in Canada from coast to coast.
“I am very proud to see this deal come into effect and enthusiastic about all the possibilities for our clients. As part of DEALER CORPORATION, we have all the financial, technological and human resources we need to achieve our ambitions. Our development builds on our core philosophy of combining innovation with top-tier expertise to make our clients strong, satisfied performers.”
– Marc Somma, CEO
This important step reflects the desire of DEALER CORPORATION shareholders to accelerate the group’s development in Canada and globally by integrating new subsidiaries and making strategic acquisitions in Europe and Latin America.
About AUTO 123 INC
AUTO 123 INC is a Canadian company that owns the EVOLIO and AUTO123.COM brands and trademarks. EVOLIO, a leader in online automotive marketing in Canada, designs innovative, productive and profitable online marketing solutions for new car, used car and recreational vehicle dealers. EVOLIO also handles online marketing and advertising and has designed websites for over 1,000 clients. AUTO123.COM has been serving the Canadian auto industry and public for more than 15 years. Car reviews, industry news, tips and advice, multimedia content and a number of shopping tools make AUTO123.COM the most comprehensive and most visited automotive website in Canada, with nearly 10 million impressions and over 400,000 unique visitors per month.
About DEALER CORPORATION HOLDING B.V.
DEALER CORPORATION HOLDING B.V. is a Dutch company with global assets including AUTO 123 INC, EVOLIO, DEALERCITY CANADA INC, DEALERCITY FRANCE SAS, DEALERCITY LATAM, AUTOEXPERT.CA and AUTO123.COM. DEALER CORPORATION HOLDING B.V. has all the financial, technological and human resources needed to make key acquisitions that will consolidate online automotive marketing operations in the Canadian, Latin American and European
markets. The mission of DEALER CORPORATION HOLDING B.V. is to assemble all the necessary forces and resources to give its subsidiaries and their clients access to continuous innovation and some of the best technologies available.
For further information or interview requests, please contact Elisa Krummen, Marketing & Customer Experience Manager.
Phone: 1.800.390.9929 ext. 417.
You can read the official Press Release on PDF by clicking here