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BPI-Century Tokyo expands car rental services with Diamond group acquisition

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BPI Century Tokyo Rental Corp is gearing for expansion in car leasing services with the acquisition of the Buenaflor family’s Diamond Group in a deal that would create one of the country’s integrated car rental companies. | miguelrcamusINQ /PDI

In a statement, the Filipino Japanese venture said it signed an agreement to buy Diamond IGB Inc., Diamond Fleet Solutions Inc., and Buenaflor Car Services Inc.The move will strengthen BPICTR’s core operating lease business with Diamond’s car rental, customer service, maintenance and repairs and fleet managing services.

“This agreement with Diamond aims to focus on differentiating strategies and customer service-oriented performance to achieve BPICTR’s vision to be the top rental solutions company of choice,” BPICTR president and CEO Satoshi Matsuo said in a statement.

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