Frerk-Malte Feller, president of Zipcar Europe (right) shakes hands with Christof Fuchs, managing director of Denzel Mobility CarSharing GmbH, after Zipcar's acquisition of CarSharing.at in Austria on July 11, 2012. (PRNewsFoto/Zipcar Inc.)
Zipcar acquired Denzel Mobility CarSharing GmbH in Austria, which operates under the name CarSharing.at, according to a Zipcar announcement on July 11.
Denzel Mobility CarSharing GmbH offers 200 vehicles for 10,000 members across Vienna, Innsbruck, Salzburg, Graz and other cities across the country.
The acquisition is not expected to have a material impact on Zipcar’s 2012 third quarter or full-year financial results, the company reported.
“The acquisition of CarSharing.at in Austria gives us access to an established car sharing business in a key market with high growth potential,” said Scott Griffith, chairman and CEO of Zipcar. “We believe we can scale the CarSharing.at business in Austria with our technology, car sharing expertise and extensive network.”
For an ARN article about the car sharing experience from the user perspective, click here to read "Revealing the Car Share Experience."