Avis Budget Group acquires its Avis licensee in PolandStaff writer ▼ | November 18, 2015
Avis Budget Group has completed the acquisition of its licensee in Poland, which operates the Avis Car Rental brand at more than 50 locations including in Gdansk, Krakow and Warsaw.
Acquisition Poland is a growing market for travelers
The acquisition price was approximately $25 million, plus the cost of acquired fleet, and the acquired business is expected to add more than $20 million of annual revenue. ■