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New Deal


Announced

Acquisition by BlaBlaCar of Ouibus, a subsidiary of SNCF, France's leading coach company.

Synopsis

Acquisition by BlaBlaCar of Ouibus, a subsidiary of SNCF, France's leading coach company. Financial terms were not disclosed. BlaBlaCar co-founder and CEO Nicolas Brusson said buying Ouibus would ‘support our ambition to develop a comprehensive mobility service including car and coach on a European scale’. Ouibus operates coach services connecting 300 destinations across Europe, and has carried more than 12 million passengers over the past three years. Since 2006 BlaBlaCar has attracted 65 million users in 22 countries, with usage reportedly growing by 40% per year, although it has yet to declare a profit.

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