Cazoo acquired Cluno, Germany’s leading consumer car subscription platform, for an undisclosed sum.
Founded in 2017, Cluno offers a flexible and hassle-free alternative to car ownership, offering a choice of up to 100 makes and models.
This ia available with a single monthly subscription fee which includes the car, maintenance, service, warranty, tax and insurance.
The deal will enable Cazoo to launch its full proposition in Germany and across Europe giving customers the option of purchasing, financing or subscribing to thousands of cars on the platform.
Cazoo, already one of the fastest growing businesses in Europe, plans to launch its UK subscription service in the coming months.