Hogan Lovells advises Europcar Mobility Group in relation to the acquisition of its Finnish and Norwegian franchisees

Hogan Lovells advises Europcar Mobility Group in relation to the acquisition of its Finnish and Norwegian franchisees

Press releases | 24 June 2019

Paris, 24 June 2019 - Hogan Lovells advised Europcar Mobility Group, a major player in mobility services, in relation to its acquisition of Europcar Finland and Europcar Norway.

This operation marks the fourth and fifth national franchises acquired by the Group and extends its corporate network from 18 to 20 countries, thus reinforcing its European footprint.

Both companies, held until now by Matti and Jussi Holopainen, have a strong position in their respective national markets: Number 1 in Finland and Number 3 in Norway. The combined revenue of the two businesses was approximately €56m in 2018.

The Hogan Lovells team in France was made up of Stéphane Huten (partner) assisted by Paul Leroy (senior associate) and Alexandre Jeannerot (associate) on corporate aspects.