mynth
10/2015

Coler acquired by Alliance Automotive Group

GERMANY Automotive / Auto Parts & Suppliers / Auto Parts & Systems REV 100M - 200M EUR

Context

Alliance Automotive Group announced the acquisition of Coler GmbH & Co. KG, a German automotive parts distributor, marking the group’s entry into the strategic German aftermarket market. The transaction represents a significant milestone in Alliance Automotive’s European expansion strategy, following its established operations in France and the United Kingdom, with the objective of building a leading pan-European automotive distribution platform. The acquisition provides Alliance Automotive with a strong local presence in Germany through Coler’s established logistics infrastructure and regional distribution network across the western part of the country. By integrating Coler into its platform, Alliance Automotive strengthens its ability to serve independent repair workshops and automotive professionals while gaining access to one of Europe’s most important automotive markets. The transaction is supported by a clear strategic fit between both companies. Coler contributes deep market knowledge, operational expertise and a well-established customer network, while Alliance Automotive brings its experience in consolidating independent distribution networks, improving procurement capabilities and developing value-added services for automotive professionals. The acquisition forms part of Alliance Automotive’s broader growth strategy focused on expanding its footprint across Europe’s fragmented automotive aftermarket sector. The combination is expected to generate operational synergies, enhance purchasing capabilities and facilitate the sharing of best practices across the group’s different national platforms. Through the acquisition of Coler, Alliance Automotive strengthens its international position and advances its ambition to become a leading independent distributor of automotive parts across the European market.

Coler, which reported an EBITDA margin of in 2015, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Coler GmbH & Co. KG is a specialised distributor of automotive replacement parts operating within the German aftermarket sector. Headquartered in Münster, the company relies on an integrated logistics platform and an extensive catalogue of components for passenger and commercial vehicles, supporting the needs of professional repair networks. The company operates a network of approximately thirty retail locations, primarily across western Germany, complemented by a digital distribution platform providing omnichannel access to its inventory. Through this network, Coler supplies thousands of independent garages and workshop chains, ensuring reliable product availability and efficient delivery capabilities.

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Historical Financials (EUR)

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2015
2014

Similar deals in Automotive

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03/2015HAVERSHAM HOLDINGSCONSTELLATION AUTOMOTIVEUNITED KINGDOMDealerships
10/2014ZHONGDING GROUPKACO GMBHGERMANYAuto Parts & Suppliers
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04/2014VIGNAL GROUPABL LIGHTSFRANCEAuto Parts & Systems
02/2014EURAZEOVIGNAL GROUPFRANCEAuto Parts & Systems
06/2013EURAZEOIES SYNERGYFRANCEBatteries & EV Tech
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REFERENCES

Revenue range: 100M - 200M EUR

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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: alliance automotive group