ALD Automotive and LeasePlan In Merger Talks

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. 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.”

Originally posted on Automotive Fleet