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Car/Limo Rentals

 July 23, 2007
Hertz UK Acquires Autotravel Franchise

 Hertz (UK) Ltd. has announced the acquisition of the Autotravel Ltd vehicle rental business. Located in the North West of England, Autotravel has operated a successful Hertz car and van rental franchise for nearly 30 years. This investment increases the number of Hertz UK corporate locations by 26 percent.

The Autotravel territory stretches from the East Midlands to Liverpool, covering two major conurbations including several large industrial cities and two airports - Liverpool (John Lennon) and Blackpool.

Michel Taride, President, Hertz Europe, says: "The acquisition from Autotravel is a major step in the growth of Hertz UK. Liverpool and Blackpool airports are fast growing due to the presence of low-cost airlines including our partner Ryanair. The Autotravel territory will also be a strong contributor to further growth of our successful van rental business."

Autotravel has operated a Hertz franchise since 1st June 1978, and achieved revenues of US$24.4 million in the year to September 2006.