Amsterdam, July 18, 2022 – Free2move today announced the completion of the acquisition of Share Now, the European market leader and pioneer in free-floating car sharing.With this acquisition, Free2move continues its aggressive growth plans as a global mobility leader and expands its mobility hub concept to 14 new cities.Share Now’s executive management team still exists.
Brigitte Courtehoux, CEO of Free2move, said: “We are very enthusiastic about the new chapter we are about to write with Share Now, the European leader in free-floating car sharing.” “Free2move and Share Now are very complementary and our combined expertise now gives us The ability to truly innovate in the global mobile market. I warmly welcome everyone at Share Now to the Free2move family.”
“We are delighted to be joining Free2move,” said Share Now CEO Olivier Reppert.”We will continue to move forward together to meet customer expectations for increasingly sustainable, innovative and flexible mobility.”
Free2move is a global mobile operator for B2B and B2C customers with over 450,000 vehicles, rental, car sharing and subscription services, and a network of over 500,000 parking spaces.With this acquisition, Free2move now expands its reach to 32 transportation hubs in Europe and the United States.
The acquisition of Share Now will allow Free2move to rapidly achieve Stellantis’ Dare Forward 2030 target of 15 million customers and €2.8 billion in revenue by 2030.It will also unlock new synergies and improve the profitability of both companies.
Stellantis NV (NYSE / MTA / Euronext Paris: STLA) is one of the world’s leading automakers and mobility suppliers.Its legendary and iconic brands reflect the passion of its visionary founders and today’s customers for their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroen, Dodge, DS Auto, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys.Driven by our diversity, we lead the way in the world—aiming to be the greatest sustainable mobile technology company, not the biggest, while creating added value for all our stakeholders and the communities in which we operate.For more information, visit www.stellantis.com.
Post time: Jul-21-2022