Green Mobility Holding Acquires o2o Bicycle Leasing in Belgium
September 7, 2023
Green Mobility Holding (GMH), a Germany-based technology-enabled bike-leasing group backed by Rivean Capital, has acquired Belgian bike-leasing provider o2o. The deal brings o2o's ~45 employees and its customer relationships (over 1,000 corporate clients) into GMH as a first step in the platform's expansion outside Germany.
- Buyers
- Green Mobility Holding (GMH), Rivean Capital
- Targets
- o2o (o2o Bicycle Leasing)
- Sellers
- o2o's previous owners (founders and management)
- Platforms
- Green Mobility Holding (GMH)
- Industry
- Transportation
- Location
- East Flanders, Belgium
- Transaction Type
- Addon
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