June 2005

Financial and strategic advisor to Biludan Gruppen in the sale of AVIS and Budget car rental to Barloworld

ATRIUM acted as financial and strategic advisor to the owner of Biludan Group in connection with the sale of AVIS Car Rental and Budget Car Rental to the South African industrial group Barloworld.

Barloworld is a listed company from Johannesburg, which already owns AVIS and Budget licenses in Sweden, Norway and South Africa.

ATRIUM ensured a satisfactory disposal through a negotiated one-to-one dialogue.

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Transaction type
Sale
Year
2005
Trade Value
Not disclosed
Process
Negotiated one-to-one dialogue
Industry
Services