Cazoo Group Ltd (NYSE:CZOO) acquired Swipcar 2017 S.L. from Demium Startups, Inveready Asset Management, S.G.E.I.C., S.A. and others for €30 million on November 15, 2021. The total considertion of €30 million is mix of cash & Cazoo shares. The transaction is expected to have a negligible impact on Cazoo's FY2021 operating results. Freshfields Bruckhaus Deringer acted as legal advisor to Cazoo. Freshfields team advising on this acquisition included partners from Germany, New York and Madrid offices. The Madrid team was led by Corporate /M&A partner Alfonso de Marcos, together with senior associate Ana Calvo Abril and associates Asís Martín de Cabiedes Arranz and Laura Cue López.

Cazoo Group Ltd (NYSE:CZOO) completed the acquisition of Swipcar 2017 S.L. from Demium Startups, Inveready Asset Management, S.G.E.I.C., S.A. and others on November 15, 2021.