Rivean Capital-backed Green Mobility Holding completed the acquisition of a majority stake in Pinoma Holding.

Rivean Capital-backed Green Mobility Holding, a Europe technology-based e-bike leasing groups, completed the acquisition of a majority stake in Pinoma Holding, the parent company of LeaseMyBike, a provider of e-bike leasing in Austria. Financial terms were not disclosed. “This merger offers us tremendous potential for the future, By joining GMH, we can not only better serve our international clients but also extend our well-known growth momentum to newer business areas. Our goal is to deliver optimized, customer-centric services with attractive terms. The synergies with GMH will greatly help us achieve this objective,” Gerhard Mayrhofer, Pinoma Holding Managing Director.