Société Générale: SternLease B.V. acquired by ALD
(CercleFinance.com) - ALD has signed an agreement to acquire SternLease B.
V., the long-term leasing subsidiary of the listed Stern Group, the market leader in passenger car sales in the Netherlands.
SternLease B.V. manages a fleet of around 13,000 vehicles that are leased to SMEs and individuals in the Netherlands. The subsidiary provides long-term leasing services directly and through its network of 85 dealers located nationwide.
A dedicated distribution agreement has also been signed to provide access to this network of local dealers for the exclusive distribution of ALD rental services to SMEs and individuals.
ALD currently manages a fleet of around 50,000 contracts in the Netherlands.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
V., the long-term leasing subsidiary of the listed Stern Group, the market leader in passenger car sales in the Netherlands.
SternLease B.V. manages a fleet of around 13,000 vehicles that are leased to SMEs and individuals in the Netherlands. The subsidiary provides long-term leasing services directly and through its network of 85 dealers located nationwide.
A dedicated distribution agreement has also been signed to provide access to this network of local dealers for the exclusive distribution of ALD rental services to SMEs and individuals.
ALD currently manages a fleet of around 50,000 contracts in the Netherlands.
Copyright (c) 2019 CercleFinance.com. All rights reserved.