ALD Automotive
ALD Automotive is a French fleet managing and operational car leasing company and a majority owned subsidiary of Société Générale.[1] The company is active internationally and manages around 1.5 million vehicles.[2] With a direct presence in 41 countries and with top 3 positions in 26 countries, ALD Automotive is ranked #3 worldwide and #1 in Europe by number of contracts under management and excluding OEM captives as at 31 December 2017 with around 1.5 million full service vehicle leasing and fleet management service contracts.
Euronext Paris: ALD
CAC Mid 60 Component | |
ISIN | FR0013258662 |
Industry | fleet management, leasing |
Headquarters | La Défense, , |
Area served | Worldwide |
Key people | Tim Albertsen (CEO) |
Owner | Société Générale |
Number of employees | 6500 (2017) |
Website | www.aldautomotive.com |
The company also sells former lease fleet vehicles to consumers through its ALD Carmarket brand.[3]
In 2015 ALD Automotive started leasing out e-bikes in the Netherlands,[4] as part of a program on experimenting with innovative mobility on the Dutch market.[5]
On 16 June 2017 the company was listed on the Paris Euronext stock market.[6]
On 6 January 2022 the company announced its intention to acquire its Dutch-headquartered competitor LeasePlan for 4.9 billion euros.[7] The operation is expected to close in the second quarter of 2023 and would see the shareholding of Société Générale decrease to 53% of the combined entity down from 79.8% as at 10-07-2017.
Acquisitions
References
- "ALD Automotive > Investors > Key information on the share". www.aldautomotive.com. Retrieved 6 January 2022.
- "Discover now ALD Automotive key figures". ALD Automotive. Archived from the original on 27 March 2016. Retrieved 27 April 2016.
- "ALD Automotive: 200 duizend ex-leaseauto´s via internet". 17 December 2013.
- "Zijn e-bikes de vervangers van leaseauto's?". Elektrotechniek365. 19 October 2015.
- "ALD Automotive: a driving force in Europe's vehicle industry".
- "Press release" (PDF). aldautomotive.com. 28 July 2017. Retrieved 25 May 2023.
- "SocGen's car leasing business ALD to buy LeasePlan for $5.5 bln". Reuters. 6 January 2022. Retrieved 6 January 2022.
- "Automotive-management.nl - ALD Automotive koopt Bright Lease". 18 February 2016.
- "ALD Automotive neemt Munsterhuis Lease over". Het Financieele Dagblad. 30 June 2015.
- "ALD Automotive neemt vloot Carfree over". 24 September 2014.
- "ALD Automotive (SocGen) rachète MKB-Euroleasing Autopark". Reuters. 7 January 2016. Archived from the original on 13 May 2016.
- "ALD lijft SternLease in". De Telegraaf. 1 March 2019.
- "Annual report 2022" (PDF). ALD Automotive.