M&A December 2019

IRS GROUP GAINS A MAJORITY SHAREHOLDING IN AUTO-BAYERTZ

The IRS Group added two companies in the Düsseldorf area to its portfolio at the end of November 2019. Auto-Bayertz GmbH, founded in 1945 and Auto-Center-Rheinland GmbH (ACR), founded in 2009, are run by Dieter Bayertz and his sons Timo and Nicolas Bayertz, and are merging with the IRG Group. Auto-Bayertz GmbH, run by the 3rd generation of the family, this year celebrated its 40th anniversary as a company with limited liability (GmbH). Following the integration, the company and all its employees will continue to operate under the new name Bayertz Schadenszentrum. Auto-Bayertz GmbH primarily specialises in accident repairs for claims handling companies such as insurance and leasing companies, while ACR focuses on private customers. With its expertise in the business customer sector, ACR can provide professional support to its customers in processing insurance claims. As an electric mobility garage in the Düsseldorf area, ACR has been an official partner of TESLA since 2015. ACR – Auto-Center-Rheinland GmbH will continue to operate under its existing name.

The IRS Group now has over 140 sites and more than 2,000 employees in Germany, Denmark and Sweden 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.

With this merger, the IRS Group has gained another body repair and paint shop, steeped in tradition, in the heart of the Rhineland. This helps the group to continue to strengthen its expertise as a leading service provider of smart repairs, bodywork and paint repairs and to consistently pursue the expansion of its leading market position.

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

IRS GROUP GAINS A MAJORITY SHAREHOLDING IN AUTO-BAYERTZ
Logo von IRS Gruppe
Logo von Auto-Bayertz GmbH