Free2move has completed its acquisition of Share Now, a vehicle rental service previously co-owned in a joint venture between BMW and the Mercedes-Benz Group. Following the acquisition, Free2move will look to continue its growth plan, expanding its conceptual mobility hubs to 14 new cities. The company further confirmed that its executive management team will remain in place.

A subsidiary of Stellantis, Free2move will leverage the acquisition to help its parent company achieve its Dare Forward 2030 goal to serve 15 million customers and procure €2.8 billion in revenue by 2030. Free2move will also look to open new synergies and ultimately enhance the profitability of both companies.