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Manheim expands into Germany

Manheim has acquired a controlling stake in Modix, the provider of online marketing services for motor retail dealers in Germany.

The existing Modix management team will continue in situ, reporting through Manheim’s German operations and will be headed up by Alain van Munster, Manheim’s managing director for Germany.

Koblenz-based Modix was formed in 2000 and works with Mazda, Toyota, Lexus, Land Rover and Jaguar.

Manheim operates globally and has 130 remarketing operations in five continents, including 38 European locations.

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