The Car and Truck Fleet and Leasing Management Magazine

GE Commercial Finance Acquires Custom Fleet in Australia

May 9, 2006

CARLISLE, AUSTRALIA – National Australia Bank has sold its global fleet management and leasing operation, Custom Fleet, for $550 million to General Electric’s financial services unit, GE Commercial Finance, according to the Herald Sun. GE Commercial Finance has more than $300 billion in assets spread across 35 nations — making it one of the finance giant’s major divisions.
The sale is part of NAB’s program to sell off its global assets. The deal is still subject to regulatory approvals.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

A characteristic of a software or hardware platform that allows components to be swapped out, added, or upgraded.

Read more

Up Next

More From The World's Largest Fleet Publisher