Opteven expands in Germany

Automotive aftermarket warranty specialist Opteven, has acquired the German company Multipart, marking a new stage in its mainland European operations. Multipart has been a recognised warranty provider in Germany for almost 40 years, with 60,000 contracts sold per year. “Expansion on a European scale is central to Opteven’s strategy. The acquisition of Multipart allows us to strengthen our presence in Germany and to continue our growth by meeting the needs of our customers,” said Jean-Matthieu Biseau, president of Opteven.