Stellantis sells Free2move car‑sharing business to Mutares
Stellantis has agreed to divest its Free2move car‑sharing operation to German private‑equity firm Mutares SE & Co. KGaA. The deal is slated to close by the end of 2026, pending regulatory approval and worker‑consultation processes. Free2move provides free‑floating car‑sharing services in 14 cities across Europe and the United States.
The sale is presented as part of Stellantis’ FaSTLane 2030 strategy, which aims to concentrate capital on core automotive activities. Virgilio Cerutti, head of Business Development & Partnerships at Stellantis, said the move will strengthen the group's long‑term value creation. Mutares’ chief investment officer Johannes Laumann highlighted Free2move’s strong international brand and the potential for operational improvements after the carve‑out. No financial terms have been disclosed. Stellantis will continue to operate mobility services through its Leasys subsidiary.
Entities: Free2Move · Johannes Laumann · Mutares · Mutares SE & Co. KGaA · Stellantis · Stellantis N.V. · Virgilio Cerutti
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [● 2 SOURCES] No financial terms of the deal were disclosed. (multiple articles)
- [● 3 SOURCES] Virgilio Cerutti, head of Business Development & Partnerships at Stellantis, said the move will strengthen long‑term value creation. (multiple articles)
- [● 4 SOURCES] Free2move operates in 14 cities across Europe and the United States. (multiple articles)
- [● 10 SOURCES] Stellantis agreed to sell its Free2move car‑sharing business to Mutares. (multiple articles)
- [● 5 SOURCES] The transaction is expected to close by the end of 2026, subject to regulatory approval. (multiple articles)
- [● 3 SOURCES] Johannes Laumann, chief investment officer of Mutares, said Free2move has a strong international brand and operational improvement potential after the carve‑out. (multiple articles)
- [● 3 SOURCES] The sale is part of Stellantis’ FaSTLane 2030 strategy to focus on core automotive activities. (multiple articles)
- [○ 1 SOURCE] Stellantis will retain mobility services through its subsidiary Leasys after the sale. (article in Portuguese)