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Announced

Europcar Mobility Group acquired its Finnish and Norwegian franchisees.

Synopsis

Europcar Mobility Group, a major player in mobility services, acquired Europcar Finland and Europcar Norway. The companies are acquired from Matti and Jussi Holopainen, who will remain with the business. Financial terms were not disclosed. For Olivier Baldassari, Chief Countries and Operations Officer of Europcar Mobility Group: “We are delighted to welcome Europcar Finland and Europcar Norway with Jussi and Matti Holopainen into the Group. These two new corporate countries are profiled to support the growth of Europcar Mobility Group in Northern Europe. These acquisitions will fit nicely into our Leverage and Scale Up strategic framework, expanding our services into new countries, while leveraging on our core assets and achieving synergies”.

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