It is the Dutch Athlon Car Lease International BV which is bought for €1.1bn. The deal is expected to be finalised in Q4 16 and more details will then be released. Athlon currently has around 250,000 passenger cars and vans of various brands under contract while Daimler Fleet Management has another 85,000. Regionally, the two are active in about the same markets except for the UK where Athlon is not present.
01 Jul 2016
Daimler buys a multi-brand leasing company
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Daimler buys a multi-brand leasing company
Mercedes-Benz Group AG (MBG:WBO) | 0 0 0.5% | Mkt Cap: 77,349m
- Published:
01 Jul 2016 -
Author:
Hans-Peter Wodniok -
Pages:
2
It is the Dutch Athlon Car Lease International BV which is bought for €1.1bn. The deal is expected to be finalised in Q4 16 and more details will then be released. Athlon currently has around 250,000 passenger cars and vans of various brands under contract while Daimler Fleet Management has another 85,000. Regionally, the two are active in about the same markets except for the UK where Athlon is not present.