GEFCO SA has acquired XPAuto, a UK provider of fully integrated automotive services including fleet management, vehicle logistics, and advanced vehicle care, for an undisclosed sum.
The deal has seen GEFCO SA take a 100% stake in the firm, with all operations led out of the UK.
XPAuto provides automotive services, underpinned by a suite of digital platforms. Working with OEMs, resellers, and corporate organisations, it manages the whole lifecycle of a fleet vehicle including booking, delivery, collection, repair and de-fleeting.
The acquisition will see GEFCO UK integrate XPAuto’s digital platforms, XPAssetSmart and XPAssetCare, into existing platforms as part of a plan to build an IT network between both companies. The advanced suite of fleet management tools enable smart scheduling and asset management capability alongside a range of customer facing applications.
Luc Nadal, GEFCO CEO said: “We are pleased to welcome XPAuto employees into GEFCO Group. GEFCO’s expertise in automotive logistics and XPAutos’ smart solutions and demofleet expertise are highly complementary. We look forward to growing the business in the UK and exploring ways for our mobility customers to benefit from our innovative phygital, (physical and digital), solutions in more countries in the future.”