Mobility solutions player EasyLease acquires a 60% stake in Ripe: The International Holding Company (IHC) subsidiary obtained a 60% of Ripe, which offers various services including container and commercial kiosk rentals, food trucks, management of parking facilities, events management and drive-through services, according to a press release.The value of the transaction was not disclosed.

The move is in line with EasyLease’s plan to broaden its presence in the mobility sector. The partnership enables the company to expand its range of services and explore new avenues for expansion, both domestically and internationally, particularly in the GCC.

About EasyLease: The Dubai-based integrated mobility solutions provider has a fleet of over 25k vehicles, catering to various industries including e-commerce, delivery, logistics, courier, and food service.

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