Getir Announced to Acquire Moov

Getir, serving in 8 different countries as of the last day, bought the car rental company MOOV. While the approximate price of the purchase was announced, it was stated that the exact amount will be announced when the transaction is completed.

Getir, which is one of the companies that continues to spread rapidly all over the world among all companies in our country, recently entered Portugal for the last time. Thus, Getir, which started to serve in the 8th country, last night. Public Disclosure Platform With the statement shared by the company, it has made another important sign on the path of growth.

According to the new statement shared on KAP, Getir Perakende Lojistik A.Ş., operating in the field of car rental, Moov Digital Transportation Solutions Trade. Inc. bought 75% of its shares. Getir, which bought a large part of the company, thus became the owner of Moov. It is foreseen that the transfer of the shares to be realized with the agreement, which was also approved by the Competition Authority, will cost approximately 23 million dollars.

The exact amount will be announced when the transaction is completed:

Getir had been planning its move to buy Moov for a long time. In the PDP statement made on August 19, it was stated that the transfer value of 75% of MOOV to Getir would amount to $16 million, and the final amount would be calculated by netting off the assets and liabilities of the instruments in the balance sheet of the MOOV on the closing date of this amount. With the total calculation made, the approximate cost of the transfer It will be at the level of 23 million dollars announced. The exact amount will be determined when the transactions are completed.

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What is the MOOV that Getir bought?

MOOV first started to serve in Istanbul in September 2017 and then included Ankara and Izmir among the regions it serves. Serving within the body of AG Anadolu Group Holding, the company provides service with nearly 2,500 vehicles today. The company’s approximately 4,500 car rental transactions per day known to have done.


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