To finalize the deal, ALD Automotive agreed to divest its interests in Ireland, Norway and Portugal, while LeasePlan did the same in the Czech Republic, Finland and Luxembourg.
The framework agreement signed on April 22, 2022 is binding, further forging a combined portfolio of 3.5 million vehicles under fleet management.
ALD Automotive will supply employee car schemes in five European countries thanks to a partnership with employee benefits provider corporate benefits.
The new company will be known as NewALD and will give the business extensive global reach with a total of 3.5 million vehicles under fleet management.
Two of the world’s largest leasing companies are considering combining forces to create a global mobility leader.
French fleet managing and leasing company ALD Automotive announced it will acquire Fleetpool, a leading German car subscription company.
According to an April 22, 2021 report from Bloomberg News, TDR Capital, which is LeasePlan's private equity owner, has drawn interest in LeasePlan from ALD SA and Banco Santander SA as it pursues a sale of the European headquartered fleet management company. .
Ford Fleet Management products and services are backed by a digitally connected ecosystem, which is designed to keep business vehicles working and on the road.
ALD Automotive launched a new flexible mobility solution that provides an all-inclusive vehicle offering for fleets for mid-term usage, ranging from one month to two years on average, at an optimal set monthly rate.
Wheels Inc. and its global partner ALD Automotive have announced a partnership with Shouqi Car Rental & Leasing (Shouqi) in China as part of their strategy to increase coverage in Asia.
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