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

Mizrahi Tefahot has issued bonds worth US$125 million

Financial Services

Mizrahi Tefahot has issued bonds worth US$125 million

Mizrahi Tefahot Issuing Company Ltd. has completed a fundraising to refinance and develop the company.

Learn more

The Romanian Ministry of Public Finance has raised capital through three public government bond issuances

Financial Services

The Romanian Ministry of Public Finance has raised capital through three public government bond issuances

The Romanian Ministry of Public Finance has completed the primary offer for the sale of government bonds for the population (FIDELIS), which took place between 9–27 November, through the Bucharest Stock Exchange system. The offer included two issues denominated in the national currency, with one and three years’ maturity, and one issue denominated in euros, with five years’ maturity.

Learn more

Dutch Star Companies TWO successfully lists in a US$130 million IPO

Financial Services

Dutch Star Companies TWO successfully lists in a US$130 million IPO

Dutch Star Companies TWO (DSC2), powered by Oaklins Netherlands, has raised US$130 million and has successfully listed on Euronext Amsterdam with the aim of forming a business combination with a Dutch mid-sized target company.

Learn more