ALD Automotive to Acquire LeasePlan

As reported in the media, ALD Automotive has agreed in principle to buy LeasePlan.

Once the agreement has been formalised, there will be a new business which may potentially be called ‘NewALD’.

The new powerhouse has been created in a bid to become a leading provider in sustainable mobility solutions.

Mike Thompson, chief operating officer at Leasing Options said: “This is a significant development within our industry.

“As LeasePlan and ALD Automotive are both prominent funders for our customers, we want to assure those same customers that there will be no impact on any agreements they currently have in place.

“We are already working closely with all parties and will endeavour to keep our customers up to date and aware of any changes as soon as they are announced.

“In terms of the acquisition, we see this as further commitment from the automotive industry to continue the growth of electric vehicles and make other enhancements in future technology.

“It’s fantastic to see such a large scale multi-billion-dollar investment on a global scale between two of our premium partners. We are confident that we will have high levels of engagement with the new organisation and a mutually supportive relationship.”

If you currently have a funding agreement with either ALD Automotive or LeasePlan and have any questions that you would like to discuss, please contact your account manager directly or get in touch here

Please keep your eye on our blog for further updates on this news.