LeasePlan Corporation takes full ownership in LeasePlan Turkey

Almere, Netherlands, 20-2-2015 — /EuropaWire/ — Following the announcement made on 6 November 2014, LeasePlan Corporation, the world’s leading fleet management and driver mobility company, today confirms it has completed the acquisition of the 49% stake in LPD Holding A.Ș, the holding company of LeasePlan Turkey, from Dogus Group. Following this transaction, LeasePlan now has full ownership of LeasePlan Turkey.

LeasePlan and Dogus Otomotiv, one of the leading automotive importers and distributors in Turkey, became joint venture partners in 2007, when LeasePlan acquired its existing 51% majority stake in LeasePlan Turkey from Volkswagen Financial Services. Since then, LeasePlan Turkey has become a leading player in the Turkish fleet management industry, currently managing a fleet of more than 14,000 cars.

Turkay Oktay, Managing Director of LeasePlan Turkey: “We are increasingly successful in promoting the advantages of operational leasing in Turkey and will continue to introduce new products and services to the market. Looking ahead, we aim to further grow our market share, maintaining a strong focus on customer satisfaction.”

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For further information:

Media enquiries:
Herbert van Zijl
T: +31 (0)36 529 3091 M: +31 (0)6 1138 5613
E: media@leaseplancorp.com

About LeasePlan
LeasePlan is a global fleet management and driver mobility 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 in 1963, we have grown to become the world’s leading fleet and vehicle leasing company with more than 85% of our 6,800 person workforce now operating outside the Netherlands. Our global franchise manages some 1.42 million multi-brand vehicles and provides fleet and vehicle management services in 32 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 (multi)national 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’.