SWVL acquires Turkish B2B mobility startup Volt Lines
SWVL acquires Turkish B2B mobility startup Volt Lines
Press release
Swvl Holdings Corp, a global provider of transformative tech-enabled mass transit solutions, today announced a definitive agreement to acquire Volt Lines, a Turkey-based B2B and Transport as a Service mobility business. The acquisition builds on Swvl's recent acquisitions of controlling stakes in Shotl and Viapool, and pending acquisition of door2door. The closing of the transaction is subject to customary closing conditions and is expected to be completed in Q2 2022.
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