- INDRA and Opisto combine their expertise to create a European champion for the dismantling of end-of-life vehicles and the distribution of reused parts.
- This partnership meets a dual challenge: strengthening the digitalization of the sector and adapting to the new needs of repairers and insurers to deal with the 11 million vehicles that reach the end of their life every year in Europe.
- This merger is taking place through a capital strengthening of INDRA in Opisto, up to 47%, allowing both companies to make the most of this association without changing their respective strategies.
Among the leaders in France in their respective fields, INDRA and Opisto combine their ambitions to accelerate the development of their joint European activities.
INDRA will rely on Opisto’s digital solutions to:
– offer new digital solutions to its leading dismantling network in France with 350 approved centers;
– develop new markets for reused parts from 400,000 vehicles out of use treated annually.
Opisto is a leader in France in the computerization and online marketing of reused parts. With 7 million pieces in stock and more than €125M in gross merchandise value expected in 2024, INDRA intends, as part of its growth plan, to strengthen its expansion in Europe by relying on INDRA’s growth plan.
To succeed in this European expansion, INDRA and Opisto will deploy a shared strategic plan based on three key actions:
- Deploy a reference management system (DMS) on a European scale, allowing dismantling centers to optimize their productivity and profitability while respecting the new regulatory frameworks.
- Accelerate the distribution of reused parts on a European scale by strengthening the quality of the offer and by developing new services.
- Rely on The Future Is NEUTRAL, the parent company of INDRA, to consider new outlets, such as remanufactured parts.
About INDRA AUTOMOBILE RECYCLING
INDRA AUTOMOBILE RECYCLING, a company of The Future Is NEUTRAL, is a historic reference player in the treatment and the recovery of damaged and end-of-life vehicles, serving all players in the sector: insurers, repair centers dismantling, manufacturers, equipment manufacturers, distribution and repair networks, communities and individual customers. INDRA processes more than 400,000 end-of-life vehicles per year via a network of 350 approved dismantling centers and provides its customers with a service proposition covering the entire value chain. The company also plays a key role in the professionalization of the sector, thanks to its in-depth knowledge of the market and regulations, its expertise in engineering and its center of AURECA training.
About Opisto
Opisto is the leader in the online distribution of reused automotive parts. The company supports the sector of valorization of reused parts in its digitalization through software to digitize ELV centers (600 CVHU already customers) and marketplaces so that their pieces are easily accessible in real-time to a professional audience and individuals. With more than 7M reused parts available, the Opisto marketplaces have attracted more than 12M visitors and generated in 2023 a GMV (Gross Merchandise Value) of €92M, making it a key market leader in France.
TO GO FURTHER
A reused parts market boosted by a favorable context In line with past years, the European market for parts from the circular economy (PIEC) is expected to continue to grow at a significant rate, almost doubling by 2030*. This dynamic is driven by:
– Sustained growth in the price of new parts, encouraging people to turn to cheaper alternatives like PIEC;
– The aging of the fleet reinforces the need for PIEC parts, which are by nature particularly suitable for old vehicles;
– Legislation requiring repairers to offer PIEC to end customers;
– The positioning of insurers as prescribers, as much for an economic objective as for an approach to reducing environmental impact.
The share of online sales is also expected to double, reaching two-thirds of sales in 2030*.
* internal sources Opisto and INDRA.
The Future Is NEUTRAL, a complete platform of circular economy services serving in the automotive sector
A subsidiary of Renault Group and SUEZ, The Future Is NEUTRAL’s mission is to build a new chain value of the automotive circular economy, “from car to car”, serving the entire sector.
Objective: support the various stakeholders in their efforts to limit their impact on natural resources, anticipate regulatory developments and strengthen their supply of materials recycled and in parts from the circular economy.
The Future Is NEUTRAL provides a platform of integrated solutions that meet the needs of the sector’s players (manufacturers, equipment manufacturers, distributors, insurers, and individual customers). These solutions are adapted to the vehicle’s life cycle: recycled materials, reused parts, repaired or remanufactured vehicles, and collection, management, and recovery services for end-of-life vehicles.
The Future Is NEUTRAL covers the entire value chain thanks to its specialized subsidiaries:
GAIA (closed-loop automotive material recycling and battery repair), BCM (recycling of industrial metal scraps), THE REMAKERS (remanufacturing), INDRA (treatment and revaluation of ELV). The Future Is NEUTRAL supports each of its subsidiaries in its own growth plan and puts in place synergies to accelerate the implementation of solutions to the European scale.
