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Good Match: ALD acquires Fleetpool Group

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  • Automotive subscription pioneer Fleetpool strengthens place beneath ALD umbrella
  • ALD expands service providing with absolutely digital automotive subscriptions
  • Fleetpool accesses assets for growth all through Europe

Cologne, 13 October 2021. Fleetpool, the German pioneer and market chief in automotive subscriptions, and main worldwide mobility supplier ALD are becoming a member of forces. The 2 firms have agreed the 100-percent acquisition of the Fleetpool Group by ALD, together with its fleet of greater than 10,000 automobiles.

The union is a real win-win scenario for each events. ALD will quickly be capable to provide digital automotive subscription providers to its clients throughout Europe – together with enterprise and personal clients. This permits ALD to service this main pattern within the mobility sector, which is forecast to account for as much as 20 p.c of car gross sales inside this decade. The acquisition matches seamlessly into the ALD development technique, which goals to boost the Group’s portfolio with firms that ship a significant growth of the service providing, and supply clients with direct added worth by versatile mobility options.

Gert Schaub, CEO, Fleetpool

In return, Fleetpool receives the mandatory monetary scope that may allow it to increase its main place in Germany to the remainder of Europe. Fleetpool thus plans to be energetic in additional than ten European international locations by 2026. The software program developed in-house by Fleetpool will allow ALD to supply carmakers tailormade digital turnkey options that may enable them to increase their gross sales channels and providers. Fleetpool can even retain its independence with this robust new accomplice, and can stay beneath the management of founder and CEO Gert Schaub at its headquarters in Cologne. The in depth community of Fleetpool manufacturers, together with eazycars, like2drive and CONQAR, might be additional bolstered and expanded.

Gert Schaub: “The union with ALD is the proper match. We’re each pursuing comparable long-term methods, have a 360-degree method and are absolutely dedicated to partnerships with carmakers. Backed by the strengths of ALD, we wish to develop Fleetpool from the pioneering German market chief into the European market chief in absolutely digital all-inclusive automotive subscriptions. Company Social Accountability can also be a central issue for each firms. Meaning a sustainability technique which recognises variety, ecological accountability, social dedication and accountable enterprise practices as important and a chance for a profitable future.”

Tim Albertsen, CEO of ALD: “Our continued give attention to bolt-on and worth accretive acquisitions leverages our positioning within the versatile full-service car leasing section. Fleetpool’s confirmed track-record will enable us to profit from modern know-how and strong mobility experience to speed up our ambitions round automotive subscription providers for our shoppers and companions in Europe. This acquisition will additional consolidate our number-one place in Europe and contribute to our strategic growth plan, Transfer 2025, which goals at strengthening our aggressive edge to achieve an anticipated c. 2.three million complete contracts by 2025.”

The acquisition is topic to the approval of competitors authorities.

Full press launch:
https://fleetpool.de/de/news-presse/#news-presse/perfect-match-ald-ubernimmt-fleetpool-group

Contact:
Fleetpool: Niels Reimann, CMO
+49 221 29267884
niels.reimann@fleetpool.de

Company Contact:
OSK: Eckart Schaper, Marketing consultant
+49 221 3390-145
e.schaper@osk.de

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