GPP sells Aurgi and Motortown to Mutua Madrileña

ARCANO advises Mutua Madrileña on the acquisition of Aurgi and Motortown from GPF

Company
Aurgi and Motortown
Transaction
Sector
Activity
Automotive maintenance
Date
Country
Spain

Aurgi and Motortown combine automotive maintenance centres with retail aftermarket parts stores, offering tire replacement and other related services. Motortown has over 48 centres located in El Corte Inglés parking lots, while Aurgi operates over 62 stores and centres across Spain.

The acquisition of Aurgi and Motortown consolidates Mutua Madrileña’s mobility strategy through the operation of over 110 combined automotive maintenance centres and will complement Centauro car-rent and Voltio car-sharing services. This transaction will allow Mutua Madrileña to lead the mobility field within the insurance sector offering a more complete range of auto services to its customers.