LOTTE RENTAL

lotte-rental-logo

LOTTE rental is an automotive company that offers car rental services.

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LOTTE RENTAL

Industry:
Automotive Rental Service Industry

Founded:
1986-05-01

Status:
Active

Contact:
15-881-230

Technology used in webpage:
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Current Employees Featured

kim-hyun-soo_image

Kim Hyun-Soo
Kim Hyun-Soo President and CEO @ LOTTE rental
President and CEO

Investments List

Date Company Article Money raised
2022-03-08 Socar LOTTE rental investment in Corporate Round - Socar 183 B KRW
2021-11-02 42dot LOTTE rental investment in Series A - 42dot 104 B KRW

More informations about "LOTTE rental"

Affinity to transform top Korean car rental firms into mobility …

4 hours ago Affinity to take over Lotte Rental, South Korea’s top car leasing firm, four months after acquiring No. 2 SK Rent-a-Car. By Jong-Kwan Park and Ji-Eun Ha 1 HOURS AGO 3 Min …See details»

Corporate - LOTTE rental

LOTTE rental is aiming to raise corporate value and maximize shareholder value under the management policy of transparent management by composing the board of directors and the …See details»

LOTTE rental

Lotte Rental practices fair thinking and behavior in accordance with ethical management principles in relation to customers, companies, employees, and other stakeholders. ... and …See details»

Hong Kong-based PEF Affinity Equity to acquire …

4 days ago According to industry sources on Friday, Lotte Group will hold a board meeting later in the day to name Affinity Equity the preferred bidder to buy 60.67% of Lotte Rental from two Lotte affiliates. Currently, Lotte Hotel Co. and …See details»

LOTTE rental

LOTTE rental will support and comply with the 「Universal Declaration of Human Rights」, 「UN Guiding Principles on Business and Human Right」, and the 「International Labor …See details»

No Immediate Rating Impact on Lotte Rental from Shareholders' Exit

Oct 12, 2024 LOTTE Rental is the largest car rental company in South Korea, with a market share of around 21%, followed by SK Rent A Car Co. Ltd.’s 16%. LOTTE Rental’s largest …See details»

Affinity Equity to acquire rental car business from Lotte in W1.6tr …

4 days ago South Korean retail giant Lotte Group said Friday that it has picked Affinity Equity Partners, the Hong Kong-based private equity firm, as the preferred bidder to acquire its rental …See details»

Affinity Equity Partners to acquire Lotte Rental - AIM Group

4 days ago Under the MoU, Hotel Lotte Co. and Lotte Hotel Busan will liquidate 12.7 million and 7.6 million shares, respectively — combined shareholding of 56.2% or 20.3 million common …See details»

Affinity Equity Partners acquires LOTTE rental - Crunchbase

4 days ago LOTTE rental LOTTE rental is an automotive company that offers car rental services. Acquiring Organization: Affinity Equity Partners Affinity Equity Partners is an independently …See details»

Lotte Group Sells Controlling Stake in Lotte Rental to Affinity …

1 day ago The sale includes a 56.2% stake in Lotte Rental, held by Hotel Lotte and Busan Lotte Hotel, amounting to approximately 1.6 trillion won. This transaction is part of Lotte's broader …See details»

Lotte Corporation - Wikipedia

Lotte Corporation is a South Korean multinational conglomerate corporation, and the fifth-largest chaebol in South Korea. [1] Lotte was founded on 28 June 1948 by Korean businessman Shin …See details»

Lotte Sells Lotte Rental to Affinity Equity Partners for ₩1.6 Trillion

1 day ago The total sale amount is ₩1.57 trillion. After the sale, Hotel Lotte and Busan Lotte Hotel will retain a 5% stake (1.8 million shares). Lotte Rental's corporate value was estimated …See details»

Compliance - LOTTE rental

Lotte Rental has internally built the anti-bribery management system and the compliance management system and successfully obtained the relevant certifications ISO 37001 and ISO …See details»

LOTTE rental - Crunchbase Investor Profile & Investments

LOTTE rental is an automotive company that offers car rental services. Yeoksamdong, Seoul-t'ukpyolsi, South Korea; 1001-5000; www.lotterental.com ; 34,032See details»

Lotte Group Sells Car Rental Unit to Affinity for $1.2 Billion

1 day ago The Hong Kong-based private equity firm will acquire a 56.2% stake in Lotte Rental from Hotel Lotte and Busan Lotte Hotel, according to a memorandum of understanding signed …See details»

Lotte Rentals, 1.6 trillion won for Affinity...First affiliate sale ...

4 days ago Lotte Rental is the No. 1 car rental company in Korea, and its cumulative sales in the first three quarters of this year are KRW 2.715 trillion and its operating profit is KRW 213.2 billion.See details»

Lotte Rental's IPO targets corporate sustainability

Aug 2, 2021 Ahead of its initial public offering (IPO) plan, Lotte Rental said it will take a modest approach to avoid overvaluation.See details»

C reate a Better Life - lotterental.com

LOTTE rental published its first sustainability report in order to share transparently with stakeholders the economic, social, and environmental values and outcomes created ...See details»

Lotte Rental sold to private equity fund amid high ... - 조선비즈

13 hours ago Lotte Rental sold to private equity fund amid high valuation concerns Lotte Rental sale raises concerns over valuation and future restructuring risksSee details»

Lotte to sell car rental arm to Hong Kong private equity fund for …

4 days ago Under the agreement, Lotte Group has selected Affinity Equity Partners as the preferred bidder to purchase a 56.2 percent stake in Lotte Rental Co., which is currently held …See details»

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