Spanish two-wheeled micromobility firm Cooltra has been given the go-ahead to acquire Cityscoot, a self-service electric scooter rental company in Paris that has been in receivership since November.

The takeover has been validated by the Paris Commercial Court.

Cooltra’s takeover offer was able to convince the Paris commercial court because of its balance between the financial aspect and the number of jobs saved. The court also recognised the financial strength of Cooltra as a guarantee to ensure the continuity of the Cityscoot brand and meet user demand.

“For Cooltra, this is much more than just a commercial transaction, it’s a deep commitment to Cityscoot and its users,” said Fabien Douay, director of Cooltra in France. “Cityscoot and Cooltra can pride themselves on being pioneers in the shared electric scooter rental sector. We are therefore very happy to continue our journey together.”

Cooltra (cooltra.com) also intends to facilitate the transition for Cityscoot users. They can access the scooter rental service via the Cooltra app using the same email address and the same password they used in the Cityscoot app. Minute credits available (purchased and free) from Cityscoot before the takeover but which they had not yet used will also be retained and automatically transferred to their new Cooltra customer account.

They will have access to more than 1500 shared electric scooters, covering the same service area as with Cityscoot in Paris and the inner suburbs.

“There is no doubt that Cityscoot users will quickly adopt the scooters from the Cooltra fleet, just as our own users did before them when we opted for this new model in 2018,” said Douay. “The biggest change will ultimately be for them to be able to easily spot the scooters from the Cooltra fleet on the street. This is why, for the next six months, we will mark our scooters in the joint colours of Cooltra and Cityscoot in order to facilitate their identification.”