DriveAway has announced the asset purchase of one of its competitors, GlobalCARS, with the acquisition closing on Wednesday night and operations and team transferred to DriveAway’s head office in North Sydney.
“DriveAway’s acquisition provides a niche opportunity to further improve the company’s position as the leading self-drive operator in Australia and New Zealand,” said DriveAway managing director, Chris Hamill. “We continue to look for competitive advantages and opportunities and I am delighted with the purchase and the opportunity for our business.”
Founded in 1999, GlobalCARS provides car and motorhome hire, European Car Leasing and accommodation options to the independent traveller heading overseas.
