Kamux Corporation, Press Release, 10.2.2023 at 16:20
HÄMEENLINNA, Finland, Feb. 10,
2023 /PRNewswire/ -- Kamux, a company
specializing in used car sales, continues to grow internationally
and opens a new showroom in Düren, Germany, in April
2023. The new showroom, located southwest of Cologne in the city of Düren, will accommodate
approximately 200 cars and it is Kamux's first showroom in
Germany to be opened outside the
Hamburg metropolitan region.
"Our focus during this strategy period is on international
growth. The current showrooms in Germany serve the approximately five million
people living in the Hamburg
metropolitan area. The new location in Düren is our first showroom
outside the Hamburg region and
will bring new opportunities for Kamux. The triangle of
Cologne, Düsseldorf and Aachen is
home to more than three million people and borders with both
Belgium and the Netherlands. So, in the future we will be
able to serve an even larger number of customers in Germany as well as customers from the
neighboring countries.
A comprehensive network of showrooms is an integral part
of our cross-selling concept, where the entire range of cars is
available in all stores and customers can choose the most suitable
way for them to do business with us. The showroom network also
enables test drives and car deliveries to be organized conveniently
for customers that choose to do business through digital channels,
as well as the in-take of trade-in cars," says Martin Verrelli, Kamux's Country Manager for
Germany.
Following the opening of the new showroom in Düren, the total
number of Kamux showrooms in Germany is back to eight as Kamux has merged
the operations of its Wentorf store, opened in 2018, with other
stores in the Hamburg metropolitan
area during the summer of 2022. In line with its strategy, in the
future Kamux focuses on larger stores, which also support
purchasing activities and processes related to the inspection and
processing of cars.
For further information, please contact:
Martin Verrelli, Country Director
Germany, martin.verrelli@kamux.de
Katariina Hietaranta, Head of Communications & IR, tel. +358
50 557 6765
Kamux Corporation
Communications
Kamux is a retail chain specializing in the sale of used cars
and related integrated services that has grown rapidly. Kamux
combines online shopping with an extensive showroom network to
provide its customers with a great service experience anytime,
anywhere. In addition to digital channels, the company has a total
of 77 car showrooms in Finland,
Sweden and Germany. Since its founding, the company has
sold over 400,000 used cars, 68,429 of which were sold in 2021.
Kamux's revenue reached EUR 937.4
million in 2021. In 2021, Kamux's average number of
employees was 848 in terms of full-time equivalent employees. Kamux
Corporation is listed on Nasdaq Helsinki Ltd.
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