Daimler acquires majority stake in Chauffeur Privé private hire vehicle services in France; full acquisition in 2019

By mmillikin Daimler Mobility Services has acquired a majority stake in Chauffeur Privé, one of the leading private hire vehicle services in France. With this step, Daimler Mobility Services has an operational presence in 15 European markets, strengthening its position of making it the leading mobility services provider in Europe.

As of now, Daimler Mobility Services controls more than 50 percent, with the intention to fully acquire Chauffeur Privé by 2019. The parties agreed not to disclose the financial details surrounding the deal which is still subject to regulatory approval.

The investment in Chauffeur Privé is another step in the implementation of the Daimler

Read Full Article Here

For more great articles: Green Car Congress

(Visited 5 times, 1 visits today)



© 2014 RenewaNews