Leasys, Stellantis and Crédit Agricole Consumer Finance Joint Venture, Finalizes Acquisition of ALD Automotive Portugal and LeasePlan Luxembourg

• Leasys, owned equally by Stellantis and Crédit Agricole Consumer Finance, grows its assets aiming to be one of the main players in the European rental business.
• Acquisitions lead Leasys one step closer to achieving its ambitious target of one million vehicles in fleet by 2026.

Rome, August 3, 2023 – Leasys finalizes the acquisition of ALD Automotive and LeasePlan’s activities in Portugal and Luxembourg, respectively.
This acquisition follows the binding agreement signed by Stellantis and Crédit Agricole Consumer Finance for the takeover of ALD and LeasePlan’s activities in these countries.

This transaction grows Leasys active fleet by around 30,000 vehicles, thus contributing to the business:

• achieving the ambitious target of 1 million vehicles by 2026 and
   
• accelerating the development of the Company in strategic European countries, in line with the ambitions of being ranked among the European leaders in automotive financing.

“This acquisition is yet another signal that confirms our willingness to seize any strategic market opportunity. Our way forward is clear and the new Leasys is set to become a key player in the European mobility area capable to offer innovative, affordable and sustainable mobility” said Rolando D’Arco, Leasys CEO.

Leasys already operates in 11 European countries.

About Leasys

Leasys, a joint venture between Stellantis and Crédit Agricole Consumer Finance, offers mobility solutions which range from medium-term and long-term rentals to management systems for company fleets, guaranteeing efficient, rational, safe and sustainable mobility. Created out of the merging of two leading companies in the sector, Leasys and Free2Move Lease, the new company is ranked fourth on the European market and has established itself as a pioneer of the new idea of fluid, integrated and global mobility designed for private individuals, professionals and companies of all shapes and sizes. Leasys boasts of an initial managed fleet of 828,00 vehicles that is already operational in 11 European countries: Austria, Belgium, France, Germany, Italy, Luxembourg, Poland, Portugal, Spain, The Netherlands and The UK.

For more information, contact:

Leasys Press office
+39 11 77 32 952
press.office@leasys.com

corporate.leasys.com