Mutares has agreed to acquire Stellantis' entire stake in Free2move's car-sharing business, establishing a new platform in the mobility sector. Free2move offers short- and long-term free-floating car-sharing through a proprietary mobile application, operating one of the most geographically diversified platforms with fleets across 14 cities in Europe and the US.

Under Mutares, Free2move will operate as an independent entity aiming for increased agility and dedicated investment. Mutares' plans include revamped management of its international fleet, continued transition to battery-electric vehicles, and renewed attention to customer experience and urban mobility needs of municipalities.

The transaction is expected to complete by the end of 2026, subject to information and consultation processes with employee representative bodies, regulatory approvals, and other customary closing conditions.