Europcar: finalises acquisition of franchisees

(CercleFinance.com) - Europcar Mobility Group announces the completion of the acquisition of its Finnish and Norwegian franchisees.

Thanks to these acquisitions, Europcar Mobility Group is expanding its network of fully-owned subsidiaries from 18 to 20 countries in Europe, thereby strengthening its presence in the world, the group said.

These acquisitions will enable Europcar Mobility Group to strengthen its leadership in Northern Europe and to benefit from the strong presence that both these companies have in their national markets, it added.

The combined turnover of the two businesses was around 56 million euros in 2018, with a customer base covering both leisure travellers and the corporate market.


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