Announced

Free2move to acquire Share Now from Mercedes-Benz and BMW.

Synopsis

Stellantis-backed Free2move, a mobility tech company, agreed to acquire Share Now, a German carsharing company, from automakers Mercedes-Benz and BMW. Financial terms were not disclosed. "Integrating Share Now’s strong position in major European cities will allow our customers to gain greater access to a wider range of services to satisfy their varied mobility needs. Equally important, this acquisition will also accelerate our profitable growth. We are now a step closer to achieving our goal of expanding Free2move’s worldwide presence to 15 million active users by 2030," Brigitte Courtehoux, Free2move CEO.

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