Ayvens Bank N.V.
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Publicatie datum
13 dec 2012 - 08:11
Statutaire naam
Ayvens Bank N.V.
Titel
LEASEPLAN SIGNS AGREEMENT TO ACQUIRE ITALIAN FLEET AND LEASING BUSINESS OF BBVA
Bericht
Almere, Netherlands, 13 December 2012 – LeasePlan Corporation N.V., the world’s leading fleet and vehicle management company, today announced that it has signed an agreement to acquire the Italian fleet and vehicle leasing activities of Banco Bilbao Vizcaya Argentaria, S.A. (BBVA). The total BBVA leasing portfolio currently consists of approximately 20,500 vehicles and the acquisition allows LeasePlan to further expand into the Italian fleet and leasing market. The acquisition further supports LeasePlan’s selective growth strategy.
LeasePlan will acquire the entire share capital of two Italian entities, BBVA Renting S.p.A. and BBVA Autorenting S.p.A. LeasePlan will refinance the entire business with its own funding. The transaction is expected to be completed during the first quarter of 2013 and is subject to customary closing conditions.
Alfonso Martínez Cordero, Managing Director of LeasePlan Italy, expresses his thoughts on the purchase: “This acquisition reinforces our position in the country, representing one of the few growth opportunities available in the highly competitive Italian leasing market.
It will give us access to an attractive portfolio of both large corporations and small companies, and will allow us to continue to add value to our clients by realising efficiencies and economies of scale. We will use the expertise we’ve acquired from our many years in the Italian fleet management market to make it a truly successful acquisition.”
Datum laatste update: 16 februari 2025