Green Motion Car Rental Acquires U-Save Car & Truck Rental Of America
September 22, 2022 // Franchising.com // Woburn, UK - Green Motion announced it has closed its acquisition of U-Save Car & Truck Rental, a leading neighborhood and airport auto franchise serving customers across America.
The acquisition creates growth by combining complementary brands, networks, service offerings, a talented workforce, as well as the expertise of both companies. This results in a broader offering of services at additional locations focusing on enhanced green mobility. Additionally, combining the organizations brings together the synergies of two family-owned and privately held companies with a rich legacy of delivering superior franchise services.
"We are excited by the long-term opportunities for diversification and innovation this acquisition brings," said Richard Lowden, Founder and CEO of Green Motion. "With a broader fleet of vehicles of all sizes and an expanded portfolio of services, this acquisition ties in with our global vision to enhance our ability to meet the unique mobility needs of our customers, and continue to provide a world-class franchise system to our highly-valued partners."
“The acquisition is a strategy to expand U-Save’s brand position in a growing industry and provides important capabilities to our franchisees, and customers,” said Tom McDonnell, former CEO of U-Save Car & Truck Rental. “We are very pleased this historic transaction was completed; the next step is executing a seamless transition.”
With this acquisition, Green Motion will stay true to a franchise model where every location is owned and operated by skilled business professionals dedicated to remaining at the forefront of their business, delivering a unique and personal customer experience.
SOURCE Green Motion Car Rental
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