Enterprise continues to grow with Eldan as its new partner in Israel

LONDON, Oct. 15, 2013 /CNW/ - Enterprise Rent-A-Car, the world's leading rental car brand, has extended its international rental network with the appointment of Eldan Transportation Ltd as its franchisee for Israel.

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This partnership continues a planned expansion programme through key markets in Europe, Middle East and Asia which is aimed at providing domestic and inbound customers with increased choice and outstanding customer service across major destinations for business and leisure.

It forms part of an international growth strategy that has already seen the Enterprise brand expand across Europe through selected partnerships with best-in-class local companies and acquisitions.

Eldan is a family-owned Israeli business with a strong track record for growth through customer care, and it shares the Enterprise vision of only supporting sustainable, responsible growth. The company's car hire services are widely used by both domestic business and consumer renters as well as inbound travellers to the country.

Founded in 1967, it is the clear leader in the Israeli car hire and leasing market, with a total fleet of over 30,000 vehicles together with 25 rental branches, including presence at strategic travel hubs across the country.

As the location of several UNESCO World Heritage Sites, Israel is a major cultural destination for international travellers. Israel is also an important centre for technology businesses and hosts the largest number of NASDAQ-listed companies outside of North America.

Peter A. Smith, vice president of global franchising at Enterprise, said: "Our franchise agreement with Eldan is the first of a major series of relationships that will see the Enterprise Rent-A-Car brand extend its footprint into very important business and emerging leisure travel markets across the Middle East. This is an increasingly vital hub for global travellers.

"Eldan's family values and commitment to the highest service quality assures that our customers will experience the level of attention to customer care that is now recognised as our trademark across the Americas and Europe.

"This partnership brings fresh choice for our customers, our employees and our new franchise partners. Israel's status as a major trading nation across the world equates to greater opportunity for all."

Mr Shay Dahan, CEO of Eldan, said: "Our partnership with Enterprise opens the door for Eldan to become part of a successful global network, with the ambition to grow by delivering outstanding service, responding to customer needs and bringing international scope to a motivated team of employees.

"Israel has always been one of the world's most important heritage destinations, attracting many travellers. Over recent decades, rapid commercial growth and a wave of hi-tech start-ups has accelerated demand from business travellers, both coming into Israel and travelling to other countries.

"We are excited to be able to participate in this fast-growing business, helping to drive opportunities for our many franchise partners across the Enterprise network of businesses."

Enterprise Rent-A-Car is part of St. Louis-based Enterprise Holdings, the largest car rental service provider in the world. Enterprise operates wholly-owned operations across the UK, Germany, Ireland, France, Spain, the United States and Canada, with over 7,000 offices and almost 75,000 employees worldwide.

Enterprise also has rapidly expanding operations at airports and transport hubs across the globe through franchise and partnership agreements with independent local providers. This includes Portugal, Italy, Greece, Austria, Hungary, Slovakia, the Netherlands, Turkey, Poland, the Czech Republic, Brazil and China.

Enterprise Holdings also operates the National Car Rental and Alamo Rent A Car brands in the Americas, and together with its affiliate Enterprise Fleet Management, offers a total transportation solution. Combined, Enterprise Holdings and Enterprise Fleet Management – which includes extensive car rental and car sharing services, commercial truck rental, corporate fleet management, and retail car sales – accounted for $15.4 billion in revenue and operated 1.3 million vehicles throughout the world in fiscal 2012. Operating through its regional subsidiaries, Enterprise Holdings is the largest car rental company in the world as measured by revenue, fleet, and employees. Enterprise Holdings' annual revenues also place it near the top of the travel industry, exceeding all other rental car companies, and most airlines, cruise lines, hotels, tour operators and online travel agencies.

[This news release and other Enterprise Rent-A-Car announcements are available at the Enterprise Holdings press room]

SOURCE: Enterprise Rent-A-Car

For further information:

Spencer King, Enterprise Rent-A-Car, spencer.king@erac.com

http://www.enterprise.com

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