the German Tier and the French Dott will merge to form a “European champion”

The German Tier and the French Dott, which offer self-service scooters and bicycles, will merge to form a “European champion of micro-mobility”, the two operators announced on Wednesday January 10. The two companies explained, in a press release, that they had passed “a preliminary agreement aimed at bringing the two companies together”.

The joint entity will continue to operate under the Tier (2,000 employees worldwide) and Dott (500 employees) brands, on their respective applications, “with greater convergence possible in the future” to face their competitors Lime, Bolt or Voi. The company’s headquarters will be established in Berlin (Germany). The merger, subject to certain conditions, will not be effective until spring.

Together, the companies generate a combined turnover of 250 million euros, for more than 125 million journeys per year in more than 20 countries. Tier and Dott operate in Paris, Berlin, Brussels (Belgium), London (United Kingdom), Madrid (Spain), Rome (Italy), Tel Aviv (Israel) and Warsaw (Czech Republic).