Cazoo to Expand Its Offering Into Commercial Vehicles
Summary
The transaction is subject to FCA approval, anticipated in the coming weeks, and is expected to have a negligible impact on Cazoo’s FY2021 operating results. Cazoo was founded in 2018 by serial entrepreneur Alex Chesterman OBE, is backed by some of the leading technology investors globally and is publicly traded (NYSE: CZOO). Vans365 is one of the UK’s fastest growing online commercial vehicle retailers, offering new and used vans for sale and leasing via its website and operating from headquarters in Bristol. Vans365 has a reputation for unrivalled customer service which is reflected in the overwhelming positive online reviews it has received and excellent Trustpilot rating. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions.