Announced
Financials
Tags
bicycle leasing platform
Online and Social Platforms
Belgium
Acquisition
Cross Border
Majority
Private
Private Equity
Pending
Single Bidder
Friendly
Synopsis
Rivean Capital-backed Green Mobility, a platform for (e-)bike rental and innovative mobility solutions, agreed to acquire o2o, an online bicycle leasing platform that provides e-bikes and bicycles to employers, workers, and staff of companies. Financial terms were not disclosed. “In GMH, we have found the perfect partner to help us further expand our operations in Belgium and to continue capturing the fast-growth of the market. We share the same goal as GMH, namely to enhance employee mobility through cost-effective, low-barrier leasing options. The two companies are a perfect match for one another,” Geert De Rycke, o2o CEO.
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