Enterprise Holdings on Wednesday announced it now controlled more than 900 locations in Canada following its purchase of a major car and truck rental company in the nation.
Details on the transaction were not disclosed, but Enterprise said the purchase of Discount Car and Truck Rentals had closed, and the Canadian Competition Bureau had issued a no-action letter.
Discount had more than 300 locations throughout Canada, while Enterprise had spanned more than 600 in the country prior to the deal.
“The acquisition includes all of Discount’s corporate-owned locations and the Quebec licensee’s daily rental businesses,” Enterprise wrote in a news release.
Enterprise said the deal would yield “a broader offering of services at additional locations with a focus on enhanced mobility offerings.” It specifically noted the “combined value of the company’s truck rental offerings.”
“We are excited about and encouraged by the long-term opportunities for diversification and innovation this acquisition brings,” Enterprise Holdings Canadian operations Senior Vice President Steven Tudela said in a statement. “Through a broader fleet of cars and trucks of all sizes and an expanded portfolio of services – from airport service car rentals to neighborhood leisure and moving truck rentals – the acquisition allows us to enhance our ability to meet the unique mobility needs of Canadian customers and offer more efficient service.”
Enterprise called the two companies’ networks, services and workforces “complementary.”
“Our primary focus will be to continue doing what’s best for employees, customers and the business,” Tudela said in a statement. “We value the Discount Car and Truck Rentals employees and management team and recognizes their contribution to creating the business Discount is today. We look forward to working with them on this integration.”
Enterprise Holdings, Sept. 2, 2020
Featured images: Enterprise Holdings has purchased Discount Car and Truck Rentals. Their logos are shown. (Provided by Enterprise/PRNewsfoto; Provided by Discount via GlobeNewswire)