July 18th, 2022

Natixis Partners advised Free2Move, Stellantis’ subsidiary, in the contemplated acquisition of ShareNow from BMW and Mercedes-Benz

Natixis Partners acted as exclusive financial advisor to Free2Move, Stellantis’ subsidiary dedicated to new mobility, on the contemplated acquisition from BMW and Mercedes-Benz of ShareNow, market leader and pioneer of free-floating car sharing. ShareNow serves around 3.4 million customers in 16 major European cities (8 countries) with its fleet of around 9,000 vehicles, including 3,000 electric vehicles. This acquisition will accelerate Free2Move’s profitable growth with a step closer to achieving its goal of expanding its worldwide presence to 15 million active users by 2030. Integrating Share Now’s business in many major European cities will also allow Free2Move’s customers to gain greater access to a wider range of services to satisfy their varied mobility needs. Free2move is the only global mobility brand offering a complete and unique ecosystem for its private and professional customers around the world. Relying on its fleet of 450,000 rental vehicles, its 500,000 parking spaces and 250,000 charging points in Europe, Free2move offers its 2 million customers a range of services to satisfy their multiple travel needs from one minute to several days or months with car-sharing services, short, medium or long-term rental as well as the reservation of drivers, parking spaces and charging stations. The transaction is subject to customary closing conditions including the satisfactory antitrust requirements.