Freetrailer and JYSK enter into co-operation in Germany
Freetrailer significantly increases its presence in Germany with JYSK agreement. The first 30 of the home improvement chain stores in Germany will offer Freetrailer's service in the coming months.
After 5 years in the German market, Freetrailer is now gearing up further. With the first 30 locations in cooperation with JYSK SE, Freetrailer increases the number of locations in Germany by more than 60 per cent.
The multi-year agreement with JYSK SE is a culmination of the new strategic direction of Freetrailer in the German market, which was launched in November 2023.
Today, Freetrailer has a successful co-operation with two of Lars Larsen Group's brands. ILVA in Denmark and Sweden at 24 locations, while SENG in Sweden utilises Freetrailer's service at 15 locations.
Nicolai Frisch, CEO at Freetrailer Group A/S, says:
“I am excited that JYSK is now establishing a partnership with Freetrailer in Germany, and I see great future potential with JYSK. Freetrailer has a strong concept where we, with our trailers, deliver visibility to JYSK and attract customers to their stores.
JYSK and Freetrailer share the same values, and with Freetrailer's concept, JYSK's customers now have an easy and sustainable transport solution. With more than 900 home improvement stores in Germany, JYSK is an important strategic partner for Freetrailer in the German market.”
Freetrailer offers partners and customers a user-friendly digital platform and with the JYSK partnership, Freetrailer will become the leading digital sharing economy platform in the German market for trailer rental solutions.
Overall, through its partners in Germany, Freetrailer expects to have more than 100 locations in Germany by the end of 2024.
For more information about Freetrailer Group A/S please contact:
Nicolai Frisch Erichsen, Group CEO
E-mail: nicolai.frisch@freetrailer.com
Phone: +45 26 81 81 28
Briefly about Freetrailer Group A/S
Freetrailer Group is a technology company whose mission is to make it easy to book and rent a trailer for free via a sharing economy IT platform.
With a 100% self-service solution via the Freetrailer App and the electronic lock, Freetrailer's partners and their customers achieve maximum flexibility. Today, the app has over 500,000 active users annually.
Freetrailer is working with a two-part growth plan, where strengthening the existing domestic markets is one leg and further internationalisation of the concept is the other.
Facts:
+140 partners
+1,175 pickup locations +4,675 trailers +1,150,000 rentals
Today, Freetrailer Group has a scalable business concept based on an innovative IT platform with global potential.
Freetrailer Group A/S was listed on Spotlight Stock Market in 2018. Ticker code: FREETR