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Avis completes $160M acquisition of Italian vehicle rental business

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Parsippany-based Avis Budget Group Inc. announced Thursday that it has officially acquired Maggiore Group for approximately $160 million.

Maggiore, Italy's fourth-largest vehicle rental business, operates a network of more than 140 locations.

Avis is a global provider of vehicle rental services, both through its Avis and Budget brands. It has more than 10,000 rental locations in approximately 175 countries.


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Emily Bader

Emily Bader

Emily Bader is the Web Editor and Social Media Coordinator at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com.

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