D&D Holdings Acquires Snap Rentals Limited
In a significant move within the mobility sector, D&D Holdings, based in Tokyo, Japan, has successfully completed the acquisition of Snap Rentals Limited, a leading independent car rental company in New Zealand. This strategic acquisition, finalized on May 30, 2025, aligns with D&D Holdings' ambition to expand its mobility services in the Oceania region, particularly in New Zealand, Australia, and the South Pacific islands.
Reasons Behind the Acquisition
The decision to acquire Snap Rentals stems from D&D Holdings' broader strategy to accelerate its mobility business. By integrating Snap Rentals into its operations, the company aims to leverage its extensive vehicle supply chain, which currently distributes around 40,000 vehicles annually. This acquisition is expected to facilitate the large-scale export of vehicles, including battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs), to New Zealand, enhancing the total lifecycle utilization of its vehicle assets.
With Snap Rentals primarily focused on the rental of Japanese vehicles in a right-hand drive market, the synergies between the two companies are anticipated to be substantial. The collaboration will not only secure a stable supply of quality vehicles for Snap Rentals but also provide D&D Holdings an opportunity to enhance its used car supply strategy. This partnership is positioned to foster growth for both companies through optimized vehicle procurement, usage, and sales strategies.
Overview of Snap Rentals
Snap Rentals Limited, established in February 2013, operates from its headquarters in Auckland, New Zealand. The firm has achieved an impressive annual revenue of approximately 2 billion yen (equivalent to about 20 million NZD) and manages a fleet of around 2,000 vehicles. With six rental locations, including major airports like Auckland and Christchurch, Snap Rentals has established itself as a significant player in the local mobility services market.
Key Information about Snap Rentals:
- - Business Focus: Comprehensive mobility services
- - Annual Revenue: Approx. 2 billion yen
- - Fleet Size: 2,000 vehicles
- - Locations: Six branches across New Zealand
For more details, visit
Snap Rentals' official website.
Overview of D&D Holdings
Founded in October 2014, D&D Holdings operates from its headquarters in Chuo, Tokyo, and offers comprehensive mobility services along with group management. The company's consolidated revenue is projected to reach 68.1 billion yen by March 2025, showcasing its robust market presence and operational capability.
Key Information about D&D Holdings:
- - Business Focus: Comprehensive mobility services and group company management
- - Projected Annual Revenue: 68.1 billion yen
For more details, visit
D&D Holdings' official website.
Conclusion
This acquisition marks a pivotal moment for D&D Holdings as it strengthens its foothold in the mobility service industry and broadens its reach in the Oceania region. By combining resources and expertise with Snap Rentals, D&D Holdings is set to enhance its services, ensuring a reliable and high-quality mobility experience for customers in New Zealand. The collaboration emphasizes the increasing need for innovation and adaptability in the ever-evolving mobility market.