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Buchbinder Rent-a-Car is shaping the future with the Europcar Group. Expansion of service and growth are in the foreground here.

Buchbinder and Europcar Car Rental announce today that both companies will work together in the future.

Buchbinder is one of the largest car rental companies in Germany and will be part of the Europcar Group in the future. Europcar, the European market leader in the car rental market, wants to further strengthen and expand the development of Buchbinder with this acquisition.

 

Buchbinder Rent-a-Car is represented with 134 locations in the cities and 18 airport stations in Germany, Austria, Hungary, Slovakia. With a fleet of more than 20,000 vehicles, cars, transporters and trucks Buchbinder is the No. 5 in the German rental market and market leader in Austria. Its market positioning focuses on national and international private clients as well as small and medium-sized corporate clients. As a low-cost provider, Buchbinder has earned a great reputation for its well-established national and international clientele through excellent service. In total, Buchbinder rent sales in 2016 of ca. 200 million euros.

 

The German market is the biggest source of revenue for the Europcar Group. Against this background, the acquisition of Buchbinder is a further step towards increasing market share in the low-cost segment and becoming the market leader in Germany and Austria. The cooperation is confirmed in writing, is subject to the usual upstream conditions and is currently being examined by the cartel authority. It is expected that implementation will take place in the second half of 2017. With this step, Europcar's stated goal is not only to become the market leader in the van and truck sector in Germany, but also to implement this growth strategy very clearly throughout the Group.

"The management of the Europcar Group has clearly recognized the success factors of Buchbinder and sees the added value for the common future development of Buchbinder in the increased sales of the described areas and the vehicle trade. Therefore, in the future we will be able to offer our customers even further and more comprehensive service, "said Konrad Altenbuchner shareholder of the Buchbinder Group. "I am especially pleased about the possibility to strengthen the Buchbinder brand even further in the future and I know that I can count on the support of all Buchbinder employees in order to continue to live the Buchbinder philosophy", Konrad Altenbuchner continues.

"The acquisition of the Buchbinder Group will make us as the Europcar Group the market leader in Germany and Austria. It is important for us to further expand our market share in all market segments, small and medium-sized corporate customers as well as private customers. In particular, we are pleased to welcome an experienced team to our group, as Konrad Altenbuchner and his staff will continue to work to successfully integrate Buchbinder into the Europcar Group, "said Caroline Parot CEO of the Europcar Group.

 

About the Buchbinder Group:

"Mobile on point." - this is the claim Buchbinder Rent-a-Car has made since its founding. Reliable and competent service, as well as high-quality rental vehicles at fair prices, this is the Regensburg car rental, which has an extensive network of stations over 152 city and airport stations in Germany, Austria, Hungary, Slovakia and northern Italy. In addition to passenger cars, transporter and bus rental, the full-range provider has gained market leadership in the truck sector in Germany and Austria over the years. Since 2015, the brand portfolio of Buchbinder Rent-a-Car also includes the modern brands GLOBAL Rent-a-Car and CaRE. Behind it is a completely new franchise concept that brings movement into the car rental market. With international locations run by franchisees and partners, the Buchbinder Group has since provided its customers with a large network of more than 5,000 rental car stations in over 100 countries. The focus is on customers whose satisfaction is the greatest maxim.

Press contact:

Buchbinder Rent-a-Car

Buchbinder corporate group

Marketing & Communication

Tel.: +49 203 3485174

E-Mail: pressebuchbinder "«@&.de

 Web: www.buchbinder.de

      

 

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