LeasePlan Corporation N.V. confirmed LeasePlan Austria has completed the acquisition of BAWAG P.S.K. Fuhrparkleasing GmbH

Almere, Netherlands, 02-10-2013 — /EuropaWire/ — Following the announcement made on 2 July 2013, LeasePlan Corporation N.V., the world’s leading fleet and vehicle management company, today confirms that LeasePlan Austria has completed the acquisition of BAWAG P.S.K. Fuhrparkleasing GmbH, based in Vienna, Austria.

LeasePlan has acquired 100% of the share capital of BAWAG P.S.K. Fuhrparkleasing GmbH. The acquisition entails some 6,500 cars and allows LeasePlan to further expand into the profitable Austrian small and medium enterprise sector, an area of the fleet and vehicle management industry in which the group already has considerable expertise globally. The acquisition further supports LeasePlan’s selective growth strategy.

Nigel Storny, Managing Director at LeasePlan Austria: “We see the transaction as an excellent strategic fit and we are looking forward to welcoming our new colleagues.”

– Ends –

Media enquiries: 

LeasePlan Corporation N.V.
Herbert van Zijl
External Communications Manager
T: +31 (0)36 539 3091
M: +31 (0)6 11 38 56 13
E-mail: herbert.van.zijl@leaseplancorp.com

LeasePlan Austria
Elke Platzer
T: +43 1 60102-120
E-mail: elke.platzer@leaseplan.at

Investor enquiries:
Paul Benson
Group Treasurer
T: + 353 1680 4005
E-mail: paul.benson@leaseplancorp.com

About LeasePlan
LeasePlan is a global fleet and vehicle management company of Dutch origin. Our full service offering consists of financing and operational fleet management services to meet the needs of a diverse client base. Established 50 years ago, we have grown to become the world’s leading fleet and vehicle leasing company with over 85% of our over 6,000 person workforce now operating outside of the Netherlands. Our global franchise manages some 1.36 million multi-brand vehicles and provides fleet and vehicle management services in 31 countries. We have a proven track record in enhancing our presence in traditional mature fleet markets, as well as expanding into new markets and growing our business to market leading positions. We are able to capitalise on our global presence and international network by providing innovative products, value for money and superior service to meet the needs of both national and multinational clients. We aim to do this by using our expertise to make running a fleet easier for our clients. This is reflected in our universal promise to all our clients: ‘It’s easier to leaseplan’.