The Thesele Consortium, led by the 100% black-owned Thesele Group (Pty) Ltd. signed a binding agreement to acquire Bidvest Car Rental Pty Ltd on April 15, 2021. BCR will continue its services with no disruption. The transaction is subject to approval by the Competition Commission. As of July 1, 2021, Competition Tribunal- conditionally approved merger. The Thesele Consortium, led by the 100% black-owned Thesele Group (Pty) Ltd. completed the acquisition of Bidvest Car Rental Pty Ltd on July 6, 2021.