Coscharis and SIXT join forces in car rental partnership
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Posted on: July 21st, 2008 by Martin Fellowes
Coscharis Motors and German rental car firm, SIXT, have announced a partnership aimed at improving tourism and the logistic industries in Nigeria through a car rental and leasing service.
On Friday, at a press conference in Abuja, Dr Cosmas Maduka, Coscharis chairman, reported that his company’s partnership with SIXT occurred by acquiring the majority of shares in Virtual Travel Network and Management Services – owner of Nigeria’s SIXT franchise.
According to the Coscharis chairman, the objective of the partnership is to make Coscharis the leading provider of mobility service and rental cars in the expanding markets of Nigeria and West Africa.
He noted, “As a vertically integrated automobile services group, with services spanning premium car distribution, auto-component sales, emerging interests in auto-assembly among others, Coscharis Group seeks to broaden the spectrum and deepen the value derived by the buying public from auto products.”
”The SIXT-Coscharis partnership has been informed by the inherent synergies between the operations of Cosharis Motors and SIXT Nigeria, our German trade links as exclusive importers of BMW vehicles and the German heritage of SIXT A.G, the preeminent car rental and mobility solutions provider in Germany and Austria.”
www.sixt.com
