Tuesday, November 22, 2011 Enterprise Buys French Rental Car Company
 Enterprise Holdings and PSA Peugeot Citroen announced that they have entered into an agreement whereby Enterprise will acquire PSA Peugeot Citroën's car rental subsidiary, Citer SA and its Spanish subsidiary Atesa.
With a fleet of approximately 30,000 vehicles, Citer SA has coverage through locations in the main cities, railway stations and airports in France and Spain, two key European markets in which Citer ranks among the leading vehicle rental companies.
The transaction, which is subject to regulatory approval and certain other customary closing conditions, should be completed by the end of 2011.
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