Maske Group has been acquired by Hitachi Capital Corporation

MMG Invest GmbH has sold Maske Group, a car rental company, to Hitachi Capital Corporation. Financial details have not been disclosed.

Maske Group is a provider of long-term car rental solutions. The company's fleet consists of more than 9,500 cars and is mainly focused on light industrial vehicles and passenger cars for B2B clients. The group is headquartered in Northern Germany and operates eleven service workshops throughout Germany and one in Austria. Maske Group generates annual sales revenues of about US$85 million.

Hitachi Capital Corporation is a globally positioned financial services provider. The group's business was already present in numerous European countries. With this acquisition, Hitachi expands its European vehicle solutions activities and becomes a market leading player in the DACH region.

Oaklins' team in Germany acted as the exclusive sell-side advisor, running a structured international sale process.

Service

M&A sell-side

Parties

“Looking back, I am actually impressed by the scope and complexity that a structured and international sale process brings along. Oaklins' German team acted as sparring partner at eye level and showed a high level of expertise and experience throughout the overall sale process. Arranging my succession with Hitachi Capital as future shareholder therefore fully complies with my plans and expectations.”

Andreas Maske

Shareholder, Maske Group

Talk to the deal team

Dr. Lutz Becker

Associate Partner

Hamburg, Germany
Oaklins Germany

View profile Get in touch

Related deals

Nordian joins the shareholder base of Wetac to support further growth

Private Equity | Automotive | Energy | Logistics

Nordian joins the shareholder base of Wetac to support further growth

Nordian, a Netherlands-based private equity firm, has joined the shareholder base of Wetac, a leading supplier of batteries and battery systems for various applications and end markets.

Learn more

Grupo Electrofer has been sold to Metalogalva

Private Equity | Automotive | Construction & Engineering Services

Grupo Electrofer has been sold to Metalogalva

Core Capital has sold Grupo Electrofer to Metalogalva.

Learn more

Payconiq International has been acquired by European Payments Initiative

Financial Services | TMT

Payconiq International has been acquired by European Payments Initiative

European Payments Initiative (EPI) has acquired the Luxembourg technology provider Payconiq International (PQI) and the Dutch payment solution iDEAL at the same time. The acquisition marked a significant milestone for EPI’s strategy to deliver a unified instant payments scheme and platform in Europe. The completion of these acquisitions further supports EPI’s ambition to become a leading player in the European payments landscape.

Learn more