Deal summary Europcar franchises in Finland and Norway / Europcar Mobility Group SA
Type of deal: Sale of shares
Deal size (EV): Undisclosed
Sector: Business Services
Object of sale: PwC Corporate Finance acted as lead financial advisor for the owners of Europcar franchises in Finland and Norway in the sale of the companies to Europcar Mobility Group. In Finland, Europcar is the undisputed market leader with a 31% market share. The business has a network of 56 branches throughout the country, located in cities and at all the major airports, and operates an average fleet of 3 000 vehicles cars and vans. The company holds also strong market position in Norway after mixture of investment in new systems, station upgrades and a program of acquiring domestic sub-franchisees. These acquisitions are subject to customary conditions precedent, and are expected to close in Q2 2019.
Seller: Owners of Europcar franchises in Finland and Norway
Buyer: Europcar Mobility Group SA
Date: Deal announcement February 2019
PwC's role: Vendor advised by PwC
