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Announced

Completed

Europcar Mobility Group completed the acquisition of Fox Rent A Car.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

United States

Rental Services: Consumer

Friendly

car rental services

Private

Single Bidder

Completed

Majority

Synopsis

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Europcar Mobility Group, a car rental firm in Europe, completed the acquisition of Fox Rent A Car, one of the independent players of the US car rental market. Financial terms were not disclosed. “Following the acquisitions of Goldcar and Buchbinder in 2017, the acquisition of Fox Rent A Car, one of the largest independent players in the US car rental market, is the last key step in our transformational M&A program, which enabled us to become a truly global mobility service company," Caroline Parot, Europcar Mobility Group Chief Executive Officer.

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