Reynolds Announces Intention to Retain European-based DCS
Company Acquired in July 2006 positioned for Growth in Europe
DAYTON, Ohio, Feb. 8 -- Reynolds and Reynolds announced today that it intends to retain European-based DCS, which Reynolds acquired in July 2006, and position the Dealership Management System (DMS) provider for future growth.
DCS Group, which is a leading DMS provider to more than 4,500 automotive retailers in Europe, has built a track record of business success and market leadership throughout Europe. The company serves customers principally in France, Germany, Switzerland, Spain, Portugal, and the United Kingdom; it has established a leading market presence in France, Germany, and Switzerland. DCS Group's products and services also are endorsed by leading automobile manufacturers in Europe, including BMW, PSA Peugeot Citroen, Renault, Nissan, Volkswagen, and Audi.
Reynolds Executive Vice President Dan Agan said, "DCS has built a remarkable track record of success and leadership in the European market for more than 30 years. The business enjoys very strong customer relationships and they offer the types of products, services, and expertise that make a difference for dealerships. Reynolds and Reynolds already benefits from a significant presence in the U.K. and the Benelux Region, and it's great to add strength to that presence with DCS."
Hein Nederveen, the country manager for Reynolds for the Benelux countries, has been appointed Managing Director Europe.
About Reynolds
Reynolds and Reynolds and Universal Computer Systems merged in October 2006 to form the world's pre-eminent dealer services provider under the Reynolds and Reynolds brand. Today, Reynolds is the automotive industry's largest and most trusted provider of dealer software and services to help dealerships maximize sales and profits and improve how they do business. The Reynolds brand is best known for delivering results through experienced people, proven practices, and innovative retail solutions. These solutions are led by ERA(R) and POWER, along with a full complement of applications and documents for every aspect of dealership operations. The company, with 6,500 associates, is headquartered in Dayton, Ohio, with major operations in Houston and College Station, Texas. (http://www.reyrey.com/)