On 16th October 2014 Rhiag Group, the European leading Company in the distribution of spare parts for cars and industrial vehicles, finalized the 100% acquisition of the aftermarket distributor ERA. The latter is an Italian but internationally orientated company specialized in electric and electronic parts.
ERA, whose 2013 turnover reached about 39 m€, distributes private labels, ERA and Messmer, providing a wide product portfolio.
Rhiag Group is a multinational leading distributor operating in the Automotive Aftermarket and selling in Italy, Switzerland and seven Central-Eastern European countries.
Luca Zacchetti, Rhiag Group ceo, stated: “The acquisition aims to strengthen Rhiag Group offer in the electric and electronic division and to increase the private label portfolio”.
As a result of this acquisition, Rhiag Group’s consolidated turnover will reach about 800 m€.