Societe Generale: ALD signs an agreement to sell 6 subsidiaries – 03/22/2023 at 10:53

( – ALD announces the signing of an agreement relating to the sale of its subsidiaries in Ireland, Portugal and Norway as well as LeasePlan subsidiaries in Luxembourg, Finland and the Czech Republic to Crédit Agricole Consumer Finance and Stellantis.

These disposals would take place under the commitments made by ALD within the framework of the authorization by the European Commission of the acquisition of LeasePlan by ALD.

The fleet of these six entities represented approximately 100,000 vehicles, or 3% of the total combined fleet of ALD and LeasePlan as of December 31, 2022.

‘ ALD’s Board of Directors has decided to convene an Extraordinary General Meeting on April 28, 2023 to approve the acquisition of LeasePlan by ALD. The finalization of the operation would take place the same day ‘indicates the group.

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