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Stellantis Announces Agreement to Sell Free2move's Car-sharing Business to Mutares
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Free2move provides free-floating car-sharing services in Europe and the United StatesStellantis will prioritize continuity for customers, partners, and employees throughout the process, expected to close by the end of 2026Stellantis and Mutares SE & Co. KGaA (Mutares, ISIN: DE000A2NB650) today announced an agreement for the sale of Stellantis entire shareholding in the Free2move car-sharing business to Mutares.
With the signing of an agreement to acquire Free2moves car-sharing business, Mutares establishes a new platform in the mobility sector.
As an independent entity under Mutares, Free2moves car-sharing business is expected to benefit from enhanced agility, dedicated investment and increased operational flexibility, helping it pursue growth in a competitive mobility market.
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