Sale of Wondo Mobility
We advised Spanish Ferrovial Mobility in the sale of Wondo Mobility to MaaS Global Ltd. The transaction is being implemented as a share swap in which Ferrovial will receive shares in Maas Global and become MaaS Global's strategic investor.
MaaS Global, the company behind the award-winning Whim app, and Wondo are both on a mission to transform the global transport sector, which is expected to boom to €7.6 trillion by 2030. MaaS Global and Wondo will provide sustainable mobility in cities around the world and freedom of mobility for the people.
Wondo provides citizens with easy access to the main urban mobility services. It includes public transport, taxis and private carsharing and ridesharing operators. Wondo enables users to reach their destination efficiently and sustainably.
MaaS Global, founded in 2015, is the world leader in the field of Mobility-as-a-Service (MaaS).
Ferrovial is a a leading global infrastructure operator focusing on sustainable mobility infrastructure and urban services and is committed to developing sustainable solutions. It is publicly traded and employs more than 80,000 people. It is a member of Spain’s blue-chip IBEX 35 index and included in the Dow Jones Sustainability Index and FTSE4Good. All its operations are conducted in compliance with the principles of the UN Global Compact.