Intera buys Kamux

The value of the transaction has not been disclosed.

The used car market is described as highly fragmented in Finland. Kamux, which holds a 2% share of this market, intends to employ a customer-oriented and competitive business model to support growth.

Company
Kamux, founded in 2000, is a car retailer focusing on used cars. It also provides added value services, such as financing, insurance, warranty, and home delivery. Based in Hämeenlinna, Finland, it employs 52 staff in 16 stores and expects to generate revenues of €70m in 2011.

People
Partner Jokke Paananen worked on the deal for Intera. Juha Kalliokoski is CEO of Kamux.

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• Intera Equity Partners Oy