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South Africa FMC Acquired for $222M

Photo of Cape Town, the capital of South Africa.

South African based fleet management company Eqstra Fleet Management and Logistics was acquired by a services, trading, and distribution company in the region for $222.34 million.

Australia &
New Zealand

Stuart Adams

China

Brian Luo

Global Operations

Yuri Tello

Global Operations

Anton Glenn

Article

Morocco Fleet Market: Robust and Growing

General Motors recently introduced the Chevrolet Equinox into the Morocco market. The newly...

There are an estimated 140,000 vehicles in operation in the commercial fleet market, which is comprised of 57% trucks and 43% cars. Tourism is a large segment of the economy, making daily rental the second largest fleet segment.