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DriveAway announces acquisition of

June 7, 2019 Business News No Comments Email Email

DriveAway has today announced the asset purchase of long time competitor GlobalCARS

Founded in 1999, GlobalCARS provides Car & Motorhome hire, European Car Leasing and Accommodation options to the independent traveller heading overseas.

The business has earnt a solid reputation for quality service and specialist advice for clients choosing a self-drive holiday over these past 20yrs.

Managing Director, Chris Hamill commented that “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.  We continue to look for competitive advantages and opportunities and I am delighted with the purchase and the opportunity for our business.”

Tim Oliver and Andrew Morgan, the owners of GlobalCARS have said just how proud they are of the longevity of GlobalCARS in this incredibly competitive Industry, and that this represents a new and exciting chapter in the GlobalCARS story and guarantees huge potential for their loyal clients over so many years.

The acquisition closed overnight with the operations and team being transferred to DriveAway’s headquarters in North Sydney.

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