Get In Touch

Our drive and our journey

ABOUT CAFIMO

We Drive Automotive Innovation and Growth.

CAFIMO is more than just a holding company; it is a driving force for innovation and growth in the automotive industry. Established to diversify and push the boundaries of what is possible in this dynamic sector, CAFIMO is built on excellence and forward-thinking.

Learn more

Our Journey

A 20-year journey towards excellence

Our journey began with Carconnex in 2003 and CarsOnTheWeb in 2005, both rooted in a relentless pursuit of perfection and premium service.

A decade later, CAFIMO was created to bridge and extend these values to existing and new ventures, embodying the same commitment to quality and innovation. Today, CAFIMO continues to uphold these principles as it invests in and supports companies that shape the future of the automotive industry.

2003
Carconnex is founded
2003
2005
Auction house CarsOnTheWeb is founded
2005
2007
Shift from second-hand to new cars and buy-back
2007
2010
Joeri Vanhumbeeck takes the lead over Carconnex
2010
2011
Loca-lease is founded
2011
2011
Andex-Rent is founded
2011
2013
Cafimo is founded
2013
2016
Vortex Capital (private equity) invests in CarsOnTheWeb
2016
2016
First steps outside the EU: China
2016
2017
IconicCars is founded
2017
2018
CarsOnTheWeb is sold to KAR Auction Services Inc (NYSE quoted, now OpenLane)
2018
2019
Global expansion to China
2019
2020
IconicCars is sold to co-founder
2020
2020
Global expansion to Africa
2020
2020
Stakes in Andex-Rent sold to original management
2020
2020
Participation in FusionIT (with brand name Carflow)
2020
2021
Internal launch of digital start-up Stockcoach
2021
2022
FusionIT (Carflow) is sold to Motor-K (Euronext Amsterdam quoted DMS Software Vendor)
2022
2023
Stockcoach attracts external interest with capital and tech know-how
2023
2024
Stockcoach becomes independent company S.A.M. with Cafimo as the majority stakeholder
2024
Cafimo Acquires Stake in Cardino to Further Strengthen its Automotive Ecosystem