Leasys today finalized the acquisition of ALD Automotive and LeasePlan’s activities in Portugal and Luxembourg, respectively.

This acquisition follows the binding agreement signed by Stellantis and Crédit Agricole Consumer Finance for the takeover of ALD and LeasePlan’s activities in these countries.

This transaction grows Leasys active fleet by around 30,000 vehicles, thus contributing to the business:

-  achieving the ambitious target of 1 million vehicles by 2026.

-  accelerating the development of the Company in strategic European countries, in line with the ambitions of being ranked among the European leaders in automotive financing.

“This acquisition is yet another signal that confirms our willingness to seize any strategic market opportunity. Our way forward is clear and the new Leasys is set to become a key player in the European mobility area capable to offer innovative, affordable and sustainable mobility,” said Rolando D’Arco, Leasys CEO.

Leasys already operates in 11 European countries.