Car-King GmbH is a system service provider for motor dealerships, car pool fleets and insurance companies, and can look back on a long and successful history. Located in Dreieich, the company develops tailor made concepts for each individual customer that perfectly suit its needs. Customers enjoy the personal care and high quality standard of the broad product portfolio.
The arwe Group will assume control of Car-King GmbH and all of its branch offices. With this strategic acquisition we are expanding the range of services we offer, enhancing the strength of our regional presence, and acquiring notable customers on top of that. “At first glance the spectrum of services both companies offer seems similar,” explains Dr. David Gabrysch, Managing Director of the arwe Group. “With the acquisition of Car-King valuable development potential will open up for us in upstream and downstream added value stages. The expertise on offer in premium preparation, tyre storage, repairs, smart repairs and paint work in B2B and private customer business at the 5,500 m² centre in Dreieich is unmatched anywhere.”
For Michael Engelstädter – the founder and owner of Car-King – the integration of his company into the arwe Group is the desired solution. “It was of paramount interest to me to see the jobs of the employees and the continuation of my company secured,” emphasizes Michael Engelstädter, continuing: “To accomplish this, arwe presented a solid and convincing concept. I’m pleased that Car-King can and will continue to develop within the arwe Group.
arwe will continue to employ Car King’s personnel and also continue to run their branch locations. Michael Engelstädter, himself, will take responsibility for ensuring a successful integration process, continuing his participation in the company in the capacity of an adviser.
We warmly welcome Car-King to the arwe Group and look forward to growing together!