06 Jan 2022
We are pleased to announce that ALD, a leading European fleet management company listed on Euronext Paris and majority-owned by Société Générale, and Lincoln (the holding company of the LeasePlan group which is controlled by a Consortium of investors including TDR Capital III Holdings and TDR Capital Lincoln Co-investment L.P. (“the Funds”)) have today signed a memorandum of understanding in relation to the potential acquisition by ALD of 100% of the share capital of LeasePlan. The combination of ALD and LeasePlan (“NewALD”) would create a leading global mobility player well positioned to harness the sector’s growth trends and lead the digital transformation of the industry.
Please follow the below link for the press release issued by ALD with respect to the potential transaction. The potential transaction is subject to a number of pre-approvals, the process for which is expected to take some time, with the transaction anticipated to close by the end of 2022.
View ALD’s press release
Learn more about our investment in LeasePlan.