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M&A Deal Summary

Volkswagen Acquires Europcar Mobility Group

On June 15, 2022, Volkswagen acquired business services company Europcar Mobility Group for 2.9B USD

Acquisition Highlights
  • This is Volkswagen’s 1st transaction in the Business Services sector.
  • This is Volkswagen’s largest (disclosed) transaction.
  • This is Volkswagen’s 1st transaction in France.

M&A Deal Summary
Date 2022-06-15
Target Europcar Mobility Group
Sector Business Services
Buyer(s) Volkswagen
Deal Type Add-on Acquisition
Deal Value 2.9B USD

Target

Europcar Mobility Group

Paris, France
Europcar Mobility Group is a provider of alternative attractive solutions to vehicle ownership, with a wide range of mobility-related services: vehicle-rental, chauffeur services, car-sharing, scooter-sharing, and peer-to-peer car rental. Europcar Mobility Group was founded in 1949 and is based in Paris, France.

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Buyer(S) 1

Buyer

Volkswagen

Wolfsburg, Germany
Category Company
Founded 1937
Sector Automotive
Employees656,134
Revenue 324.7B EUR (2024)
DESCRIPTION
Volkswagen's North American headquarters in Herndon, Virginia.
Volkswagen's North American headquarters in Herndon, Virginia.

Volkswagen is a multinational automobile manufacturer that operates in four segments including power engineering, commercial vehicles, financial services, and passenger, cars. Volkswagen was founded in 1937 and is based in Wolfsburg, Germany.

DEAL STATS #
Overall 4 of 4
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: France M&A 1 of 1
Year: 2022 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-01 heycar

Berlin, Germany

heycar is an online platform offers quality used cars for sale in the European automotive industry. heycar was founded in 2017 and is based in Berlin, Germany.

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Mergr

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