VTC: Daimler takes control of Chauffeur Privé

Daimler recently announced that it was taking a stake in Chauffeur Privé, with an investment of just over 50%, which should rise to 100% by 2019.
Private Chauffeur
Omar Benmoussa, Othmane Bouhlal and Yan Hascoet (left to right), co-founders of Chauffeur Privé

The acquisition of a majority stake by Daimler Mobility Services with capital of Private Chauffeur gives it a presence in 15 European countries. It is part of the carmaker's strategy, called "CASEIt is focused on four key areas: "Connected", "Autonomous", "Sharing & Service" and "Electric".

Thanks to its financial solidity, Daimler is ideally positioned to continue its transformation from a pure carmaker into a global mobility services companyas we pave the way for autonomous driving" said Bodo Uebbermember of the Board of Management of Daimler AG, responsible for Finance and Controlling and Financial Services.

Yan Hascoetfounder and CEO of Chauffeur Privé, describes his company as ". a real turning point "for the VTC platform, committed to " one of the most powerful and forward-looking partners on the market" .

Daimler has already made its ambitions clear with regard to Chauffeur Privé, announcing its intention to acquire the entire capital of the French company by 2019.