We re pleased to be joining a leading global company that puts customers first, said Apex Founder an

Avis Budget Group, exotic car rentals in ontario canada Inc. and Apex Car Rentals have announced that they have entered into a definitive agreement exotic car rentals in ontario canada for the acquisition of Apex by Avis Budget. The acquisition is scheduled to close in October 2012, subject to customary closing conditions.
Apex Car Rentals is New Zealand s largest independently owned car rental company and offers a comprehensive fleet of more than 4,000 rental cars through locations in New Zealand exotic car rentals in ontario canada and Australia, including locations serving New Zealand s major airports. The acquisition of Apex further expands Avis Budget Group s presence exotic car rentals in ontario canada in Australia and New Zealand, where the Avis and Budget brands each currently have a leading presence.
Apex was founded in 1992 and has traditionally served value-oriented leisure travelers. Pursuant to the purchase agreement, Avis Budget will acquire the assets of Apex in exchange for approximately exotic car rentals in ontario canada US$29 million in cash, plus the book value of Apex rental fleet and potential earn-out payments based on Apex future financial performance.
This transaction represents another step in our strategic efforts to expand our global network, exotic car rentals in ontario canada in a market where we have considerable experience, exotic car rentals in ontario canada said Patric Siniscalchi, President, Latin America/Asia Pacific, Avis Budget Group. The transaction also provides us with additional opportunities with our portfolio of brands to meet the vehicle rental needs of all New Zealand exotic car rentals in ontario canada and Australia visitors and residents.
exotic car rentals in ontario canada We re pleased exotic car rentals in ontario canada to be joining a leading global company that puts customers first, said Apex Founder and Chief Executive Officer Phil Lennon, who will continue to serve in the Apex management exotic car rentals in ontario canada team following the acquisition. We will continue to operate our business and serve our customers the Kiwi way, which has helped us grow and evolve to achieve the success that we ve enjoyed.
Avis Budget Group, Inc. announced that its Avis Budget Rental Car Funding (AESOP) LLC subsidiary has completed an offering of $690 million of asset-backed bonds with a weighted average interest rate of approximately 2.2%, the lowest rate on a five-year, fixed rate ABS bond offering in the company s history.
Avis Budget Group, Inc. this month celebrates the fifth anniversary of its award-winning performance excellence process-improvement initiative, which has helped exotic car rentals in ontario canada the company generate more than $275 million in annual cost savings and other benefits since the program was launched in 2007.
Avis Budget EMEA has appointed Maxymiser, the global expert in multivariate testing, personalisation and optimisation solutions, as the online customer experience optimisation partner for Avis, the leading exotic car rentals in ontario canada rental car company serving the premium commercial and leisure travel market.
Avis Europe has appointed Maxymiser as its online customer experience optimisation partner. Maxymiser will work with the car rental giant to optimise the reservations process across its EMEA websites to increase exotic car rentals in ontario canada the number of bookings, improve the overall experience and enhance customer retention.