Tag: LeasePlan

ALD to complete LeasePlan acquisition for €4.9bn

Tim Albertsen ALD Automotive

SOCIETE Generale’s leasing arm, ALD Automotive, has signed a memorandum of understanding to purchase LeasePlan for nearly €5bn. The newly combined company will be led by Tim Albertsen, pictured above, as CEO. The combined vehicle parc of ALD (1.68m) and LeasePlan (1.8m) would make NewALD a truly global player with 3.5m vehicles in the mobility sector, positioned to take advantage of the…

ALD and LeasePlan discuss merger

ald leaseplan

BROKER funders ALD and LeasePlan are currently in talks about a possible merger. The combined leasecos would create a global mobility leader should discussions proceed positively. A statement from ALD read: There can be no certainty at this stage that these discussions will result in any agreement or transaction. Further announcements will be made when appropriate according to applicable laws. Should the…

LeasePlan to exhibit all-electric Arrival van at EV Summit

LeasePlan to showcase Arrival van at EV Summit

LEASEPLAN is set to showcase the ground-breaking Arrival electric van at the EV Summit, which takes place in Oxford from 01-02 September. The leasing broker funder will have a strong presence at the leading industry event, as LeasePlan’s UK director Alfonso Martinez will also be speaking on the Sustainable Fleets panel. Now in its fourth year, the EV Summit gathers together a…

Silverstone Fleet Management is LeasePlan’s Franchisee of the Year 2021

Silverstone team with the LeasePlan franchisee of the year award

HEARTY congratulations to Northampton-based leasing broker Silverstone Fleet Management, which has been named LeasePlan’s Franchisee of the Year 2021. The award by broker funder LeasePlan is the result of performance measurement against a number of key performance indicators, including new business volume, year on year growth and tactical sales penetration. The award is testament to every member of the team Scott Norville,…

SG Fleet buys LeasePlan ANZ

SG Fleet LeasePlan

SG Fleet has bought the Australian and New Zealand operations of LeasePlan in a sale and leaseback deal. The acquisition will create an AUD $2.5 billion company offering fleet management and leasing across Australia and New Zealand, with a combined 250,000 vehicles under management. Subject to regulatory approval, the deal should be completed between July and September 2021. This transformational transaction creates…