Avis Budget Group, Inc. announced today that it has completed its previously announced acquisition of France Cars, significantly expanding the Company’s presence in the France vehicle rental market. Terms of the transaction were not disclosed.
“We are excited to complete the acquisition of France Cars,” said Mark Servodidio, President, International, Avis Budget Group. “This acquisition makes us the second-largest light commercial vehicle fleet operator in France, while providing a strong presence in the French local market business.”
Avis Budget Group, Inc. is a leading global provider of vehicle rental services, both through its Avis and Budget brands, with more than 11,000 rental locations in approximately 180 countries around the world, and through its Zipcar brand, which is the world’s leading car sharing network, with more than one million members.