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Fleet Acquisition

NewsApril 3, 2012

Hertz UK and Premiere Velocity Offer McLaren MP4-12C Rentals

The 12C features a 3.8-litre V8 twin turbo engine, which produces 592hp and 600Nm torque.

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NewsApril 3, 2012

Ford Canada and Zipcar Bring Car Sharing to Canadian Universities

The strategic alliance is an expansion of the program that Zipcar and Ford launched in the United States in August 2011, and establishes Ford as Zipcar's largest university vehicle partner, reaching students at 11 Canadian campuses in Toronto and Vancouver.

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NewsFebruary 28, 2012

Rent2Buy Acquires Recently Closed HiGear

New co-owner of Higear, the peer-to-peer car-sharing company that closed its doors at the start of the year, says they plan to ‘resolve the complexity around peer-to-peer car sharing.’

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NewsFebruary 6, 2012

Zipcar Officially Becomes Majority Shareholder of Barcelona-Based Avancar

With this transaction completed, Zipcar is now the majority shareholder for the company with a controlling stake of more than 60%.

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NewsDecember 19, 2011

Zipcar Purchases a Majority Stake in Barcelona-based Avancar

Avancar is Spain's largest car-sharing operator.

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NewsNovember 21, 2011

Enterprise Holdings to Acquire Paris-based Rental Car Company Citer SA

The acquisition of Citer SA and its subsidiary Atesa, further expands Enterprise Holdings’ presence in France and Spain.

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NewsNovember 9, 2011

Zipcar Completes Integration of Streetcar

The company reports that the process to acquire and integrate the UK car sharing company went 'smoothly,' and that more than 1,000 vehicles have been migrated into the Zipcar system.

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NewsOctober 27, 2011

Hertz Withdraws Offer to Acquire Dollar Thrifty

While the company remains interested in obtaining FTC approval, Hertz announced Oct. 27 that it is withdrawing its exchange offer, which would have expired Nov. 1.

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NewsSeptember 12, 2011

Hertz Extends Deadline for Exchange Offer to Dollar Thrifty

The exchange offer and withdrawal rights will expire Nov. 1, but no other aspect of the terms or offerings changed.

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NewsSeptember 2, 2011

Hertz Completes Donlen Acquisition

Final acquisition price of $177 million is lower than initial $255 million. Assumption of Donlen fleet debt is $770 million, $90 million more than original assumption.

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