The leading Latvian fleet management service provider Transporent has acquired Baltic franchise for the Sixt brands Sixt Leasing and Sixt Rent a Car. From now on, Transporent will provide short and long term car rental, car lease and fleet management services under the international label of Sixt - one of the leading European mobility service providers.

By combining Transporent's more than 7 years of local market experience with Sixt's internationally-scaled knowledge under the brand of Sixt Leasing a new level full-service operational car lease for corporate customers will be offered encompassing both corporate car lease and fleet management services. Sixt Leasing's full-service operational car lease offers personalized solutions ensuring an efficient use of resources as well as cost optimization and service from the moment of car acquisition until the end of their operational use. For customers, that means receiving all mobility services and other special solutions from the same provider, thus maintaining their independence from car manufacturers and banks.

Arnis Jaudzems, Sixt Baltic States CEO: "We are proud that, of all companies, Sixt has chosen Transporent as the best co-operation partner in Baltics. We will offer our clients the best product in the market, focusing on the needs of each company. In spite of the stagnating Latvian car market we are sure that we'll establish our leading positions in the Baltic market by taking charge of all car-related concerns of our customers."
Christian P. Rehbein, Director of Sixt International Development: "In the fields of car rental, car lease and fleet management, the Baltic market is extremely fragmented and different. On the top of that, the economic crisis has brought about many changes in this branch %96 several players have been pushed out of the market by the remaining stronger ones. Sixt sees substantial growth opportunities in the Baltic states through offering full-service and personalized solutions."

Sixt Rent a Car is engaged in short term car rental, while Sixt Leasing provides mobility consulting, ensures long-term car rental, full service car lease and fleet management services. Sixt operates in accordance with internationally recognized standards and exactly defines the principles and quality of their service, thus allowing customers to track the service costs and efficiency.
The change of brand name was started on June 21st this year and will be finished in two months' time. The legal name of the company will still be SIA Transporent, yet the services will be provided with the visual brand identity of Sixt.

About Sixt
Sixt belongs to the leading car rental, car lease and fleet management service providers in Europe. The company provides full-service car lease, fleet management services and consulting, offering innovative on-line solutions and vehicle sale at the end of long-term car rental agreements. For more on the company, visit www.sixt.lv.

About Transporent
Transporent was the first company in the Baltic States to offer fleet management services for corporate customers. Since more than seven years Transporent serves and consults the fleets of both the largest Baltic companies and enterprises with smaller car parks. Transporent has affiliates in Latvia, Lithuania and Estonia. In the future, all Baltic affiliates of Transporent will operate under the international brand of Sixt.