08.01.2020

THE IRS GROUP ACQUIRES A MAJORITY SHAREHOLDING IN MARCO WEDEREIT KAROSSERIE- UND LACKIERFACHBETRIEB

The Intelligent Repair Solutions Group (IRS Group) has acquired a majority shareholding in the Marco Wedereit body and paint shop. Founded in 1995, the Aglasterhausen-based company has been a member of the IRS Group since January 2020. Marco Wedereit Karosserie- und Lackierfachbetrieb is a modern, certified bodywork and paint shop and is one of the quality leaders in the Neckar-Odenwald district.

The IRS Group now has over 140 sites and more than 2,000 employees in Germany, Denmark, Sweden, and Belgium and is Europe’s leader in smart repairs, bodywork, paint repairs and hail damage repairs to the vehicle’s outer shell. The IRS network offers a complete range of services on every aspect of preparation and repair to the vehicle’s outer shell and interior for second-hand, rental, accident-damaged and leased vehicles.The IRS network offers a complete range of services on every aspect of preparation and repair to the vehicle’s outer shell and interior for second-hand, rental, accident-damaged and leased vehicles.

With the acquisition of Marco Wedereit Karosserie- und Lackierfachbetrieb from Aglasterhausen, the IRS Group is growing by another traditional company in Baden-Württemberg. In this way, the Group further strengthens its competence as a leading service provider in the fields of Smart Repair, bodywork and paint repairs and pursues consistently the expansion of its leading market position.

Sancovia initiated the transaction and advised the buyer throughout the process.

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