Movida Participacoes S.A. (Brazil)

Movida Participacoes S.A. is a company located in Sao Paulo, Brazil. It is one of the largest vehicle rental companies in Brazil in terms of fleet size and revenue among the publicly traded companies in the sector. The company consolidated all its "rent a car" activities and fleet management and outsourcing activities through a restructuring of SIMPAR, a group with the broadest portfolio of logistics services in the country. Movida is recognized by consumers for its innovation and offers unique services and products through strategic alliances with automakers, dealerships, and rental companies. The company operates in two segments: vehicle rental ("rent a car" or RAC) and fleet management and outsourcing (GTF). Movida maintains a fleet of high-quality vehicles with excellent condition and low mileage through a continuous process of fleet renewal. As of June 2022, the company had a total fleet of 207,000 cars and an extensive network of service points strategically located in all states of Brazil. The company had 223 service points in the RAC segment and 86 sales points for used cars distributed in 26 states of the country.