Mobility Mixx B.V. (“Mobility Mixx”) announced that the previous minority shareholder Mitsubishi HC Capital Inc. (“Mitsubishi HC Capital”) acquired the remaining shares from ARS Traffic & Transport Technology B.V.(“ARS T&TT”).
As of 31 March 2022 Mobility Mixx has become a 100% wholly owned subsidiary of Mitsubishi HC Capital, which has been a shareholder in Mobility Mixx since 2019 when a 49% share was acquired through the former Hitachi Capital Corporation. Mobility Mixx is long established and leading Mobility as a Service (“MaaS”) and “Smart Mobility” provider in the Netherlands.
IMPROVED acted as the exclusive financial advisor to ARS T&TT in this transaction. Leveraging its extensive deal-making track record, deep understanding of the market dynamics, and extensive investor network in the Mobility and Technology domains, the IMPROVED team was able to secure the best growth partner for Mobility Mixx in 2019, and now successfully completed the full sale of Mobility Mixx to Mitsubishi HC Capital in March 2022.
With the ambition of Mitsubishi HC Capital’s Mobility Solutions Division to become a European leader in car leasing based on a decarbonisation strategy and advanced mobility services through its group companies, MHC Mobility Europe, Mobility Mixx has a great opportunity to contribute to this by expanding and building scalable solutions for its customers. For Mitsubishi HC Capital, Mobility Mixx is key to being at the forefront of innovation and taking a leading position in advanced mobility services.