Danish mobility company GoMore has acquired Getaround’s European operations, bringing together two of the continent’s largest peer-to-peer car-sharing platforms under a single group. The deal creates what is now the dominant player in European neighbour-to-neighbour car sharing, with a combined presence across 11 countries including Denmark, Sweden, Norway, Finland, France, Spain, Belgium and Austria.
The merged entity will count more than five million users, 70,000 active shared vehicles and 18,000 cars equipped with keyless sharing technology. Together, the two platforms handle 1.5 million rentals per year, generating an annual gross revenue of approximately €240 million and a net revenue of around €54 million. The combined workforce stands at 300 employees.
Both companies were profitable ahead of the transaction, and the merger is expected to unlock significant operational synergies while providing a platform for further expansion across Europe.
Complementary Strengths Across Europe
GoMore has historically been the stronger operator in the Nordic countries and Spain, while Getaround built its European foothold in France — where it holds market leadership — and across broader Western Europe. France now becomes the largest single market within the GoMore group.
The acquisition was financed through a combination of equity, primarily from existing investors, and debt facilities provided by Denmark’s Export and Investment Fund (EIFO) and Nordea. GoMore’s investor base includes a number of prominent Danish business figures: Jesper Buch, founder of Just Eat; Lennart Lajboschitz, founder of Flying Tiger Copenhagen; Kaare Danielsen, founder of Jobindex; and the Nordic Secondary Fund, among others.
Joining the investor group and board in connection with the deal is Tim Albertsen, former CEO of Ayvens — the world’s largest leasing company, headquartered in Paris — and one of the most senior Danes in the global automotive industry. His appointment signals GoMore’s ambition to expand into private leasing across its combined market footprint.
The deal’s financial terms have not been disclosed.
Leadership and Next Steps
Matias Møl Dalsgaard will continue as Group CEO of the merged organisation, with Marie Reboul, outgoing CEO of Getaround Europe, taking the role of General Manager for Getaround’s European markets. Thomas Christensen remains Group COO. No immediate changes are planned for existing users or partners, with initial focus placed on integration and platform development.
GoMore’s car-sharing business has grown at 30 to 40 percent annually over recent years. The company expects the combined group to sustain annual growth of between 20 and 30 percent, driven by expansion in both existing and new markets.
