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Announced

Fraikin Group to acquire VIA Location.

Synopsis

Fraikin Group, a leader in the long-term rental of commercial and industrial vehicles in Europe, offered to acquire VIA Location, a commercial vehicle rental company. Financial terms were not disclosed. “I’m excited about the possibility of working with, and supporting, VIA Location. Both companies share a deep history in the market, with strong brands and extensive national networks. The combination would strengthen the sustainable growth of both groups, capable of offering a wider range of innovative services to customers. This deal would also consolidate our leading position in the sector,” Philippe Mellier, Fraikin CEO.

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