{"id":22175,"date":"2023-04-12T15:25:35","date_gmt":"2023-04-12T12:25:35","guid":{"rendered":"https:\/\/motodynamics.gr\/sixt-expands-its-branch-network-in-greece-by-opening-two-new-rental-stations-in-alexandroupolis-and-cephalonia-copy\/"},"modified":"2023-07-04T15:28:34","modified_gmt":"2023-07-04T12:28:34","slug":"motodynamics-to-acquire-100-of-lion-rental-sa","status":"publish","type":"post","link":"https:\/\/motodynamics.gr\/en\/motodynamics-to-acquire-100-of-lion-rental-sa\/","title":{"rendered":"MOTODYNAMICS to acquire 100% of LION RENTAL S.A."},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"22175\" class=\"elementor elementor-22175\" data-elementor-settings=\"{&quot;page_header_settings&quot;:&quot;yes&quot;,&quot;page_header_theme&quot;:&quot;header_dark&quot;,&quot;page_menu_style&quot;:&quot;fullscreen&quot;,&quot;page_header_position&quot;:&quot;header_absolute&quot;,&quot;page_header_sticky&quot;:&quot;yes&quot;,&quot;page_header_logo_version&quot;:&quot;default&quot;}\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-03d8fc0 elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"03d8fc0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-840deca ae-bg-gallery-type-default\" data-id=\"840deca\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3b6f2d7 elementor-widget elementor-widget-heading\" data-id=\"3b6f2d7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">MOTODYNAMICS to acquire 100% of LION RENTAL S.A.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-c3c3c65 elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"c3c3c65\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fac8743 ae-bg-gallery-type-default\" data-id=\"fac8743\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-acfa192 elementor-widget elementor-widget-text-editor\" data-id=\"acfa192\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>MOTODYNAMIKI proceeded today to the signing of a preliminary agreement for the acquisition of 19.5% of the share capital of LION RENTAL.<br \/><br \/>Since the end of 2018, MOTODYNAMIKI owns 80.5% of LION RENTAL.\u00a0 \u00a0The transaction, which is subject to terms and conditions, is expected to be completed in the coming months with the price set at EUR 7.7 million. \u00a0\u00a0LION RENTAL&#8217;s turnover in 2022 amounted to EUR 43.4 million and profit after tax to EUR 7 million.<br \/><br \/>The Chairman and Chief Executive Officer, Mr. Paris Kyriacopoulos stated: &#8220;Today, MOTODYNAMIKI is progressing towards the completion of an investment, the first step of which took place four years ago.\u00a0\u00a0 Since the end of 2018 and until today, we have repositioned SIXT in the Greek market, focusing on the excellent service of our customers, the development of our people and the development of our products and services.\u00a0 In a dynamic and evolving environment, we continue to strive consistently and passionately to strengthen SIXT&#8217;s leading position in the market.\u201d<\/p><p><strong><em><u>A few words about MOTODYNAMICS<\/u><\/em><\/strong>\u00a0:\u00a0<br \/>MOTODYNAMICS S.A. is the dealer of YAMAHA MOTOR Co. Ltd. in Greece, Romania and Bulgaria, and of PORSCHE AG and SIXT GmbH &amp; Co in Greece.\u00a0\u00a0 It is also involved in the retail sale of Yamaha products through the Motodiktio, while representing major brands of accessories for the rider. Listed on the Athens Stock Exchange since 2005, MOTODYNAMICS currently has more than 300 employees. Its turnover rose to EUR 132 million in 2022. For more information, visit:\u00a0<a href=\"https:\/\/protect-eu.mimecast.com\/s\/qYhACMEp8TxnNrZ0FkVj1SF?domain=motodynamics.gr\/\">https:\/\/protect-eu.mimecast.com\/s\/W6XgC9p5rtRwG0BgtEm76C0?domain=motodynamics.gr<\/a><br \/><br \/><strong><em><u>A few words about\u00a0LION \u00a0RENTAL<\/u>:\u00a0<br \/><\/em><\/strong>It is the exclusive dealer of SIXT GmbH &amp; Co in Greece. With a presence in 18 locations in Greece, it provides services in the broader vehicle rental market, covering both short-term and long-term rental.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"has_ae_slider elementor-section elementor-top-section elementor-element elementor-element-0717536 elementor-section-boxed elementor-section-height-default elementor-section-height-default ae-bg-gallery-type-default\" data-id=\"0717536\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ae_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-de1a0d9 ae-bg-gallery-type-default\" data-id=\"de1a0d9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-da6a940 elementor-share-buttons--view-icon elementor-share-buttons--skin-minimal elementor-share-buttons--shape-rounded elementor-share-buttons--align-center elementor-grid-0 elementor-share-buttons--color-official elementor-widget elementor-widget-share-buttons\" data-id=\"da6a940\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Share on facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>MOTODYNAMIKI proceeded today to the signing of a preliminary agreement for the acquisition of 19.5% of the share capital of LION RENTAL.<\/p>\n","protected":false},"author":8,"featured_media":18554,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[170],"tags":[],"class_list":["post-22175","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all"],"acf":[],"yoast_head":"<!-- This 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