Daimler Mobility Services has acquired a majority stake in Chauffeur Privé, a private vehicle rental service in France.
As of now, Daimler Mobility Services controls more than 50 percent, and plans to fully acquire Chauffeur Privé by 2019. The deal is still subject to regulatory approval.
“With this step, we continue to dynamically expand our portfolio and presence in Europe and solidify our leading position in multi-modal mobility services,” said Klaus Entenmann, CEO, Daimler Financial Services AG. “We have found an excellent partner for France with Chauffeur Privé whose ability to deliver mobility at your fingertips ideally complements our current portfolio and approach."