Europcar
 |
|
| Traded as | Euronext: EUCAR |
|---|---|
| Industry | Car rental |
| Founded | Paris, France (1949) |
| Founder | Raoul-Louis Mattei |
|
Area served
|
Worldwide |
|
Key people
|
Philippe Germond (Chairman & CEO) |
| Revenue | 1,949,000,000 € (2014) |
| Owner | Eurazeo |
|
Number of employees
|
6,000 |
| Website | www |
Europcar is a French car rental company founded in 1949 in Paris.The head office of the holding company, Europcar Group S.A., is in the business park of Val Saint-Quentin at Voisins-le-Bretonneux (Saint Quentin en Yvelines), France.
Today Europcar operates in 140 countries covering Europe, North America, Western Asia, and Africa. Since May 2006, Europcar has been owned by Eurazeo, one of the top listed investment companies in Europe.
Europcar was founded in 1949 in Paris by Raoul-Louis Mattei under the name of "The Automobile Subscription". The "Europcars" brand was created in 1951. After 20 years of growth, the company was then owned from 1970 to 1988 by Renault, the Compagnie Internationale des Wagons-Lits and Accor.
From 1998, Europcar had progressively been acquired by the Volkswagen group, until it eventually became a subsidiary 100% owned by the car constructor in 1999.
In 2006, Eurazeo, the investment company, bought Europcar from Volkswagen group. The amount of the transaction was worth 2.4 times Europcar's turnover in 2005. The chairman of the Board of Eurazeo, Patrick Sayer, said: "We are thrilled by the acquisition of Europcar. With an initial participation of 900 million euros, it is due to become of the most significant investments for Eurazeo."
In 2010, the group partnered with Daimler to launch the Car2Go service in Hamburg, Germany.
Philippe Germond, who had been CEO of since 2009, was named CEO of Europcar from October 1, 2015.
...
Wikipedia