Announced
Completed
Financials
Sources
Tags
Friendly
Completed
Private
Netherlands
micro-mobility
Transportation Services
Single Bidder
Acquisition
Cross Border
Majority
Synopsis
TIER, a shared micromobility provider, completed the merger with Dott, a developer of micro-mobility bikes designed to provide safe, convenient, affordable, and sustainable alternatives for short-distance travel. Financial terms were not disclosed. “The closing of this transaction marks the start of an exciting new chapter for both TIER and Dott. We are focused on uniting our teams under the goal of running responsible operations for users, cities, and the environment, helping to lower car use by offering a reliable and sustainable alternative,” Henri Moissinac, TIER-Dott CEO.
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