(Tamuning, Guam) Atkins Kroll, Inc. has acquired the Avis, Budget and Payless Rent a Car operations across Guam, Saipan, Tinian, Rota, Pohnpei and the Republic of Palau. This is the Inchcape Company’s second business acquisition in four months since purchasing local heavy equipment dealership Morrico Equipment in December 2021, the company announced in a news release issued Wednesday.
“Expanding our car rental footprint and running multi-branded companies will help to enhance the underlying value of Atkins Kroll, as well as providing exciting opportunities for our partners and employees,” said Alex Hammett, Inchcape managing director for Asia Developing Markets, in a news release issued Wednesday morning. “The acquisition of these three iconic rental car brands is a milestone for Atkins Kroll as it marks a major step forward in our strategy by considerably strengthening our position in the region.”
The company completed its purchase of the rental car businesses, including airport kiosks, from Premiere Alliance Corporation, which owned and operated several locations throughout Micronesia.
“Premiere Alliance Corporation has served our islands for 25 years,” said Cathy Mateo, president of Premiere Alliance Corporation, in the news release. “I am very thankful to our employees who were integral to the success of our operations. I am also grateful to the many customers we’ve had the privilege to serve. Atkins Kroll is a great organization, and I am confident they’ll take great care of our people and the brands” concluded Mateo.
