Announced

Rivean Capital-backed Green Mobility to acquire o2o.

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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