VANEPS successfully assisted sellers in the divestment of several car rental companies

On March 31, 2023, the Curacao Growth Fund (CGF) successfully completed the acquisition of car rental companies Budget Rent a Car Curaçao, Budget Rent a Car Bonaire and Autolease Curaçao. The nearly 50-year-old Budget Rent a Car Curaçao has been established in several locations and has about 20 employees. Autolease Curacao has existed since 1994. Budget Rent a Car Bonaire has been operating since 1999 and currently has approximately 10 employees. VANEPS acted as counsel to sellers in this transaction, with lead attorney Diek Fabius.