Bolt acquires Danish ride-hailing company Viggo in first acquisition in its 12 year history

Bolt, the Tallinn-based common wheelchair system, has actually obtained Viggo, the Copenhagen-based leading ride-hailing service, for an unrevealed amount– the procurement will certainly see Screw’s ride-hailing procedure get in Denmark for the very first time and contribute to its existing e-bike rental solution.

Markus Villig, Creator and Chief Executive Officer of Screw, stated: “ We have actually constantly had a high bar for M&A yet we share Viggo’s objective to boost cities and were thrilled by their completely electrical procedures. The procurement indicates we will certainly come to be the biggest ride-hailing driver in Denmark. We anticipate structure on Viggo’s success and bringing even more development to the regional ride-hailing market to much better offer clients in Denmark“

Kenneth Herschel, Chief Executive Officer of Viggo, included: “ Viggo was started to give a high-grade, lasting taxi experience, and we take pride in what we have actually attained. Signing up with Screw enables us to scale our influence, profiting both motorists and guests with brand-new modern technology, boosted need, and proceeded dedication to qualit y.”

Screw was started in 2013 by Markus Villig as a ride-hailing firm and currently provides several solutions consisting of mobility scooter and e-bike services, food and grocery store distribution, and car-sharing in greater than 600 cities throughout 50 nations. Viggo is Screw’s very first procurement in its twelve year background.

Screw supplies common wheelchair solutions consisting of taxis, mobility scooter and e-bike service, and auto service to over 200 million life time clients. Greater than 4.5 million motorists utilize the Screw system worldwide.

The firm looks for to speed up the shift from possessed automobiles to common wheelchair, using much better options for each usage situation. Its items consist of taxis, mobility scooter and auto rental solutions, food and grocery store distribution, and company wheelchair remedies.

Viggo, established in 2019, runs a fleet of over 300 electrical automobiles and offers 450k customers throughout Copenhagen and Aarhus. With greater than 500 specialist motorists, the firm has actually constructed an online reputation for lasting wheelchair, costs solution and high consumer contentment.

Viggo is Scandinavia’s very first ride-hailing solution with a reported 100% electrical auto fleet. According to Viggo, they have actually sealed their placement as Denmark’s finest carrying out taxi solution.

Viggo gets on an objective to amaze city industrial wheelchair, while using a smooth and remarkable customer experience with outstanding solution and modern technology.

Screw currently has a solid visibility in Denmark with its e-bike rental solution, which has actually brought in thousands of hundreds of customers. The intro of ride-hailing produces a multi-modal transportation environment, where clients have the option of electrical bikes or automobiles, relying on their trip.

Screw has additional reinforced its placement in Denmark with a brand-new collaboration with one more Danish taxi firm, Taxi 4 × 27, additionally introduced today. The collaboration will certainly see Taxi 4 × 27’s fleet of over 600 automobiles offered on the Screw system, boosting Screw’s fleet in the nation.

The message Bolt acquires Danish ride-hailing company Viggo in first acquisition in its 12 year history showed up initially on EU-Startups.