ALD Automotive has acquired 100% the fleet management giant LeasePlan which is worth £4.2bn. The partnership has been named ‘ALD Automotive | LeasePlan’ and claimed as the ‘leading global sustainable mobility player’, said ALD.

The deal means that the partners will now own a total worldwide fleet of 3.3m vehicles. The acquisition also means that ALD has now become a financial holding company and a regulated institution supervised by the European Central Bank.

The firm said it will focus on the shift to net-zero and shaping the digital transformation of the industry.

Tim Albertsen, CEO of ALD, said:

“Today is a historical day for ALD and LeasePlan and marks the beginning of a new era in mobility.


“By bringing together our complementary capabilities and expertise, we are well positioned to capture the sector’s tremendous growth opportunities.


“Our focus going forward will be to leverage our unique position to lead the energy transition through innovative solutions, including digital platforms, to encourage large scale adoption of sustainable mobility, whether it be through low emission vehicles or multi-mobility solutions.


“With a combination of talent at ALD and LeasePlan, our teams are fully committed to creating the leading global sustainable mobility player and delivering value for all of our stakeholders.


“We are all very excited about starting this new venture together.”

ALD Automotive are sponsors at our MOVE 2023 event on the 21st-22nd June. If you would like to meet them there, buy your tickets here.