Crédit Agricole Consumer Finance Group

Crédit Agricole Consumer Finance today announces that it has signed together with its partner Stellantis a binding agreement for the acquisition of ALD and LeasePlan’s activities in six European countries, following ALD’s proposed acquisition of 100% of LeasePlan announced in January 2022. This announcement constitutes an immediate acceleration of the two groups’ ambitions in mobility and vehicle long-term leasing.

• Philippe de Rovira, Stellantis Chief Affiliates Officer, and Stéphane Priami, Crédit Agricole S.A Deputy General Manager in charge of Specialised Financial Services and CEO of Crédit Agricole Consumer Finance, have announced the Top Leadership for the NewCo to be created by the upcoming consolidation of the two leasing companies’ business
• Richard Bouligny, Group Deputy CEO – Automotive and Mobility of Crédit Agricole Consumer Finance, will be the Chairman, and Rolando D’Arco currently Leasys CEO, will be appointed as CEO of the new European player
• Stellantis and Crédit Agricole Consumer Finance will each have 50% shareholding rights

FCA Bank and Crédit Agricole Consumer Finance – via its commercial brand Sofinco - strengthen and extend their role as leading mobility-supporting companies, particularly in the leisure vehicle sector. The pan-European partnership with the French Groupe Pilote, founded in 1962 and today one of Europe's largest manufacturers of motorhomes, has been broadened to four more countries: Austria, Belgium, the Netherlands and Poland. In the coming months the agreement, already active in France, Italy, Germany, the United Kingdom, Sweden and Finland, will take effect in other markets.

An innovative initiative by La Fabrique by CA and Crédit Agricole Consumer Finance