LeasePlan Sells to Institutional Investors with a $4.04 Billion Pricetag
Global Mobility Holding B.V., the owner of Almere-based LeasePlan Corporation N.V., is selling LeasePlan to a group of long-term investors for €3.7 billion (US$ 4.04 billion). Global Mobility Holding is a joint venture between Volkswagen Aktiengesellschaft and Fleet Investments B.V., an investment company of German banker Friedrich von Metzle. Formed in 1963, LeasePlan is one of Europe’s largest automobile leasing and fleet managers. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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