Two of the world’s largest leasing companies are considering combining forces to create a global mobility leader.
by Ralph Morton
October 27, 2021
ALD is a global leader in mobility solutions.
ALD
1 min to read
Two of the world’s largest leasing companies are considering combining forces to create a global mobility leader. LeasePlan is in talks with ALD Automotive and its holding company Societe Generale to merge forces.
The combined companies, should the talks proceed to agreement, would create a company with 3.6 million cars under management.
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ALD is a global leader in mobility solutions providing full service leasing and fleet management services across 43 countries. Its client base includes large corporates, SMEs, professionals and private individuals.
LeasePlan is a global leader in what it calls Car-as-a-Service, operating in 29 countries.
LeasePlan USA
LeasePlan is a global leader in what it calls Car-as-a-Service, operating in 29 countries. The company is committed to taking a leadership role in the transition to zero-emission mobility and has set itself the ambitious goal of achieving net zero emissions from its funded fleet by 2030.
A statement from ALD reads: “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.”
Wheels Donlen’s parent company has signed a Stock Purchase Agreement to acquire LeasePlan USA, and subsequently combine the business with Wheels Donlen to create a unified fleet management business.
Founded to meet the needs of international organizations for high-quality cars and trucks, International Fleet Sales offers comprehensive services from vehicle specifications to warranty administration.
The app features a completely redesigned user interface built on a new, more flexible platform, and is designed to empower drivers to be more productive, freeing up time spent managing tasks and vehicle-related deadlines.
Merchants Fleet and OneRail are launching a national fleet rental and leasing program for its logistics partners, which will enable business growth for the logistics partners through reduced vehicle costs.
A closed-end lease works great for small fleets that don’t want the financial worry of the vehicle at resale. For lessees, success entails proper management of vehicle condition and mileage, as well as communicating with the lessor should driving patterns change.
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