Europcar Closes Transaction to Sell its 25% Stake in car2go Europe for €70 Million
04 Avril 2018 - 5:45PM
Business Wire
Regulatory News:
Having received the approval of the competent antitrust
authorities, the Europcar Group (Paris:EUCAR) announced today the
closing of its transaction with Daimler Mobility Services on the
sale of its 25% stake in car2go Europe GmbH.
The completion of the sale of the 25% interest in car2go Europe
GmbH will generate a pre-tax gain of 70 million euros which will be
accounted for in the company’s Q1 results.
About Europcar GroupEuropcar Group is a major player in
mobility markets and is listed on Euronext Paris. The Group's
mission is to be an attractive alternative to car ownership by
providing a wide range of mobility solutions: car rentals, Vans
& Trucks, chauffeur service, car-sharing or
peer-to-peer. Customer satisfaction is at the heart of the
group's mission and all of its employees and this
commitment fuels the continuous development of new services.
The group operates through multi brands meeting every customer
specific needs: Europcar® - the European Leader in
vehicle rental services, Goldcar® - Europe’s largest low-cost
car rental company, InterRent® - value for money brand
targeting leisure customers and Ubeeqo® - a European company
specializing in fleet and mobility solutions for both the business
and the end-customers market.
The Group delivers its mobility solutions worldwide through an
extensive network in 130 countries and territories (including
16 wholly-owned subsidiaries in Europe and 2 in Australia and New
Zealand, franchisees and partners).
Further details on our
website:europcar-group.com
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Europcar / Press relationsNathalie Poujol /Marie-Anne
Bénardais+33 1 30 44 98
82europcarpressoffice@europcar.comorEuropcar / Investor
relationsOlivier Gernandt+33 1 30 44 91
44olivier.gernandt@europcar.comorElan Edelman+33 1 86 21 51
56 / +33 1 86 21 50 38europcar@elanedelman.com