kfzteile24, the leading omnichannel platform in the automotive aftermarket, has gained two new banking partners, UniCredit and KfW, and has successfully concluded long-term financing with them. The new financing package lays the foundation for the company's strategic and sustainable development and enables the offering for commercial and private customers to be expanded in an even more targeted manner. 

UniCredit’s Berlin-based Tech Coverage brought its comprehensive industry expertise to the successful process, which was concluded with confidence. As the leading new banking partner, UniCredit will be the principal bank for the kfzteile24 Group going forward. This financing project marks a starting point for a sustainable and long-term partnership on equal terms. KfW is supporting further development with Venture Tech Growth Financing (VTGF), a loan programme for innovative scale-ups to finance growth. 

“Our successful refinancing with new banking partners highlights our strong development in recent years and the confidence in our business model,” says Markus Winter, CEO of kfzteile24. “UniCredit and KfW are strong partners who will help us to optimise our offering and thus respond even better to the needs of our customers.”

Sebastian Bourmer, CFO of kfzteile24, adds: “Despite a challenging economic environment, we were able to successfully complete our refinancing and, at the same time, expand our resources. This emphasises the solid foundation we have created in recent years and strengthens our focus on sustainable and profitable growth.”

Omnichannel strategy as a growth driver

By combining e-commerce, branch business and growth areas like the businessplus commercial customer service, kfzteile24 has established a model that responds flexibly to the different needs of the various customer groups. Commercial customers benefit from a comprehensive online offering, personal support and reliable delivery. Private customers appreciate a wide range of products, attractive prices and the possibility of having spare parts installed directly at the branches.

Thanks to targeted investments in technology, processes and organisation, kfzteile24 has significantly increased its profitability in recent years. The partnership with Unicredit and KfW now makes it possible to consistently continue this growth and further exploit the omnichannel strategy's potential.

“With the support of our new financing partners, we can continue consistently on our path and ensure that we keep meeting the high demands of our customers going forward,” asserts Markus Winter.

kfzteile24 was successfully supported in the refinancing process by Houlihan Lokey (debt advice), WTS (financial due diligence) and Möhrle Happ Luther (legal advice).