ARI has received the 2015 International Fleet Industry Award from Fleet Europe for its unique unbundled fleet management solutions that deliver complete cost transparency, the fleet management company announced.

A highly coveted honor, the International Fleet Industry Award acknowledges innovative tools, products and services that help fleet managers improve fleet operations at an international level.

"As we continue to introduce our unique fleet management solution to the European market, accolades such as this award reinforce our belief that many fleets desire an alternative to the traditional all-inclusive lease," said Chris Conroy, ARI's president. "Our strategic vision as we continue to grow throughout Europe is to leverage our expanding geographic footprint to provide services to both multi-national clients that require a cross-border strategy delivered on a global scale as well as those clients who want customized fleet management solutions that address specific in-country needs."

Selected by a judging panel comprised of international fleet managers and Fleet Europe team members, the International Fleet Industry Award is meant to reward fleet suppliers who develop ground-breaking tools, products and services that help fleet managers improve efficiencies, reduce total cost of ownership (TCO) and achieve operational goals. ARI's Managing Director of Europe Majk Strika accepted the award during a recent ceremony in Rome, Italy which was attended by more than 700 fleet professional from around the globe.

"Our distinctive unbundled approach to fleet management has received an overwhelmingly positive response from fleet managers throughout Europe and we believe this award further validates the market's confidence in our long-term European strategy," said Strika. "By unbundling our various programs and services from the vehicle lease we are able to provide clients with fleet management solutions that are tailored to each fleet's individual needs and deliver a fully transparent model that is unlike anything else currently available in the marketplace."

ARI first entered the European market in 2013 with the acquisitions of Fleetlevel+, HPI Fleet & Mobility and Netcar 24 GmbH. Earlier this year, ARI launched its unbundled fleet management model in Europe and the marketplace has been quick to embrace this transparent solution. ARI currently operates in 19 countries throughout Europe, providing leasing and fleet management services to nearly 125,000 vehicles.