Founded in Paris in 1949, the company today operates a fleet of over 250,000 vehicles at 2,977 locations in 170 different countries covering Europe, The Middle East, Africa, Indian Ocean, Central America, Mexico, Carribean and Asia - Pacific.
Europcar is owned by Eurazeo, one of the most important investment companies in Europe.
1970 - Renault purchases Europcar
1973 - Creation of subsidiaries in Belgium, Germany, Holland and Switzerland
1974 - Acquisition of Budget in Italy: Corporate development in Spain
1981 - Acquisition of subsidiary in Portugal
1988 - Wagon-Lits purchases Europcar and sells 50% of the share of Volkswagen
1989 - Merger with Interrent Car Rental GmbH
1992 - Accor acquires Wagon-Lits including its 50% share of Europcar
1999 - Volkswagen takes over Accor's 50% share in Europcar
2000 - Budget Rent A Car are announced as new strategic partners for Canada and North America
2006 - Eurazeo acquires 100% of Europcar
With close to 5 billion euros in diversified assets and market capitalization of more than 4 billion euros, Eurazeo is one of the top listed investment companies in Europe
Backed by 150 years of experience and a strong financial base, Eurazeo's strategyis either to acquire majority stakes or to hold an influental position in companies with important growth potential