GreenMobility A/S (CPSE:GREENM) signed a term sheet to acquire Fetch Car Sharing from European Lease Company B.V. on November 25, 2021. GreenMobility will plan a migration into it's platform over the coming months. For now, Fetch will continue to operate as usual and GreenMobility will take over Fetch Car Sharing' s current fleet of electric cars and an experienced local team.

The final agreement is expected to be completed before end of the year.