Enterprise Rent A Car is the world's largest transport solution provider, with 1.5 million vehicles in 7,600 locations across 85 countries. The local franchise includes 31 vehicles, from sedans to an eight-seater van and a removalist truck.

'This purchase makes good business sense and we see a lot of potential, particularly in regard to offering electric cars and being able to offer discounted rates to members in the future' said Allan Gordon, Hastings Co-ops' CEO.

'This is a great opportunity to diversify our energy division and places us in an ideal position to take advantage of new and emerging technologies'.

'We've always been about improving the lives of our members, and this purchase means being part of the Co-op family will be even more rewarding'.

While Enterprise is new to Australia, they have been growing across the globe since 1957.

Today, Enterprise is part of the largest car rental company in the world, with more than 1.5 million cars in service.

Despite their size, they remain family-owned with one goal – to exceed your expectations for service and overall value.