Official: LeasePlan is sold

Posted on 23-07-2015 at 12:19 by MauritsH – 2 Comments”

Previously were already rumors surrounding a possible sale of LeasePlan by Volkswagen and the banker Von Metzler, but the bullet is through the church.

Today it became known that the leasing company for a staggering 3.7 billion euro has been sold to a group of investors, where pension administrator PGGM, pension fund ATP, sovereign wealth funds ADIA and GIC, and investment funds of TDR Capital and Goldman Sachs.

It is expected that the transaction still this year, but because of the banking license of LeasePlan also need to de Nederlandsche Bank on the sale bend.

Meanwhile, Volkswagen is pleased with the return on LeasePlan. The autoreus indicates that the private vlootmanagementactiviteiten under the umbrella of Volkswagen Financial Services one of the reasons was to LeasePlan, the largest leasing company of the Netherlands) to carry over to other investors.