LeCab joins forces with SnapCar

SnapCar has just made official its acquisition of French rival LeCab, strengthening its geographical footprint nationwide with a network of 23 French towns and cities.
SnapCar
Announced on 8 July, SnapCar's acquisition of LeCab is due to be finalised by the end of July.

While new platforms VTC are setting their sights on the French market, and in particular on business customers - the arrival of Wheely à Paris is expected inAugust - the opposing forces are seeking to consolidate their position. SnapCar announced the 8th July have reached an agreement with LeCabwith a view to acquiring its VTC business. This transaction, which is due to be finalised as soon as end of JulyThe acquisition of LeCab will give SnapCar a new strike force, particularly from a geographical point of view. LeCab is present in 23 towns in France. In this way, SnapCar's managers intend to claim leadership in France in the VTC segment aimed at the general public. business customersThis includes almost half (44%) of the CAC 40 companies, 41% of the SBF 120 companies, and a few big names such as SNCF, La Poste and the Paris Chamber of Commerce and Industry. " By combining our efforts, this acquisition will enable us to consolidate the SnapCar's national leadership in the B2B and B2C2B market segments "says Hervé Fauvin, shareholder and Managing Director of SnapCar.