Volkswagen and Fleet Investments B.V. tighten a sale of LeasePlan

Posted on 21. Mar, 2016 by in Volkswagen Canada

Volkswagen Aktiengesellschaft and a Dutch association Fleet Investments B.V. achieved shutting on a sale of a world’s heading leasing and swift government association LeasePlan Corporation N.V. to a consortium of investors. The sum value of a transaction amounts to about EUR 3.7 billion. The transaction will have a certain impact on a net liquidity position of a Automotive Division of Volkswagen.

LeasePlan is now represented in 32 countries via a world, has a workforce of some-more than 7,200 people, with around 1.5 million vehicles underneath agreement and is therefore a world’s largest provider of swift government services. Through a Dutch corner try Global Mobility Holding B.V., Volkswagen Aktiengesellschaft and a Dutch association Fleet Investments B.V., an investment association of a German landowner Friedrich von Metzler, any hold an surreptitious interest of 50 percent in LeasePlan.

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