‘Airbnb for cars’ platform SnappCar changes hands in bid for further growth

Dutch car-sharing platform SnappCar, which claims to be the largest of its kind in the Netherlands, has been fully acquired by AutoBinck Group — a shareholder in the scaleup since its founding in 2011. The ownership change also sees the return of SnappCar’s founder, Victor van Tol, in the role of the CEO. Van Told told local newspaper mt/sprout that the acquisition will enable faster decisions and eliminate the need for external investments. AutoBinck, which specialises in mobility and energy solutions, has a turnover of approximately €1bn. According to the two companies, the deal aims to support SnappCar’s further growth.…

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