AutoBinck Group, a Dutch family-owned business focusing on mobility and energy, has become the full owner of SnappCar, a company that claims to be the largest car-sharing platform in the Netherlands.
This deal consolidates ownership from numerous shareholders to a single entity. Furthermore, SnappCar’s founder, Victor van Tol, is returning as the CEO of the company.
Over the last four years, SnappCar’s shared car usage has doubled. AutoBinck, a shareholder in SnappCar since its founding in 2011, is now the sole owner, showing its commitment to further growth.
Paul Zekhuis, CEO of AutoBinck Group, says, “SnappCar’s growth ambitions match the ambitions we have for the company. We see potential in the shared car market, which more and more people are using. Car sharing is also becoming increasingly relevant in big cities.”
“SnappCar as a company, but also the shift from ownership to use, are in line with our mission ‘Making innovative mobility and energy solutions accessible for all’!”
Changing mobility from car ownership to car sharing
SnappCar is a car-sharing platform where over 10,000 car owners share their vehicles with others. Through the platform, users can rent cars from their neighbours, often finding vehicles located within walking distance from their own homes.
An increasing number of people are opting to use shared cars via SnappCar for family outings, holidays, or commuting to work. SnappCar offers an affordable and efficient choice of transportation.
Each shared car on SnappCar replaces approximately seven privately owned cars that would typically remain parked for 23 hours a day. This transition to car sharing helps improve air quality and frees up space for green areas and housing in busy cities.
In a statement translated from Dutch, SnappCar CEO Victor van Tol, says, “In the near future, our focus will be on making car sharing even more accessible. An example of this is our collaboration with the municipality of Utrecht.”
“There are now permanent parking spaces for SnappCar shared cars with a recognisable sign. There will also be more shared cars with the SnappCar logo for more visibility. In addition, we are expanding our keyless offering, which means that key transfer is no longer necessary between landlord and tenant.”
“On average, these cars are rented no less than seven times more often. So let’s get started! I would like to thank AutoBinck Group for the trust and my predecessor Erik Rutten and the team for the good foundation of SnappCar on which I can continue to build.”
Brief about AutoBinck Group
Founded in 1907, AutoBinck Group is a Dutch family-owned business that specialises in mobility and energy solutions. The firm has a team of 1,700 employees who aim to keep AutoBinck at the forefront of industry trends, innovation, and leadership.
AutoBinck claims to have become a key player in the European mobility market, focusing on innovative transportation solutions. Additionally, the firm is committed to enhancing access to sustainable energy by promoting the affordability of sustainable housing solutions for everyone.
AutoBinck Group has a turnover of approximately €1B and is active in 31 countries.
Read the orginal article: https://siliconcanals.com/news/startups/travel-mobility/snappcar-fully-acquired-by-autobinck/
