ALD Automotive and LeasePlan In Merger Talks

ALD is a global leader in mobility solutions.

ALD

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.

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

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.”

Source: Read Full Article