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0Press review
Crédit Agricole Consumer Finance Plans to Acquire, together with Stellantis, ALD and LeasePlan’s activities in six European countries
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.Consult the press release
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2Press review
Leasys and Free2move Lease Consolidation: New Top Leadership Announced
• 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 rightsConsult the press release
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3Press review
Crédit Agricole Consumer Finance and Stellantis signed binding agreements for their strengthened partnership
In accordance with the announcements of 17 December 2021 and following the opinion of the staff representative bodies, CA Consumer Finance and Stellantis have signed binding agreements providing for the creation of a European leader in operational car leasing and the acquisition by CA Consumer Finance of 100% of the capital of FCA Bank and Leasys Rent.Consult the press release
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