CED Group Acquires Fair Damage Group to Enter German Market
April 29, 2025
CED Group has agreed to acquire Fair Damage Control Holding GmbH (Fair Damage Group), a German claims management and repair-services provider, expanding CED's footprint into Germany. The deal (subject to German merger control clearance) will add nationwide loss-adjustment, repair management and device-repair capabilities supported by in-house digital solutions; closing is expected in Q2 2025.
- Buyers
- CED Group
- Targets
- Fair Damage Control Holding GmbH (Fair Damage Group)
- Industry
- Insurance
- Location
- North Rhine-Westphalia, Germany
- Transaction Type
- Buyout
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