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The Volkswagen Group is taking a major step forward in its NEW AUTO strategy to become a leading provider of individual mobility in the electric and fully connected age. In a consortium with London-based asset manager Attestor Limited and Dutch mobility provider Pon Holdings B.V., Volkswagen agreed to launch a recommended takeover offer for Europcar Mobility Group (“Europcar”). Europcar is the leading mobility service and rental car company in Europe with over 3,500 stations across 140+ countries and a fleet of over 350,000 vehicles in 2019, serving over 5 million customers per year. The minimum acceptance threshold for the takeover offer is 67% and existing shareholders holding 68% in Europcar have committed to accept the takeover offer.

Media contacts

Christoph Oemisch
Spokesperson Finance & Sales (Group)
Tel. +49 (0) 5361 / 9-18895
Andreas Kolbe
Attestor Limited | Finsbury Glover Hering
Tel. +49-211-430 79-254
Ward Snijders
Pon Holdings B.V. | Confidant Partners
Tel. + 31 6 5421 5580