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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
2023/03/22 -
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
2023/03/02
History
Our History
On April 1st, 2010, Crédit Agricole Consumer Finance is created, stemming from the merger of Sofinco and Finaref.
Created in 1951, Sofinco becomes part of Crédit Agricole S.A. in 1999. In 2006, Sofinco and Fiat Auto create a 50/50 joint venture, Fiat Group Automobiles Financial Services, renamed FGA Capital in 2009. This partnership is later extended to Jaguar Land Rover, Chrysler, Dodge and Jeep. Finaref is created in 1970. In 1992, Finaref becomes a subsidiary of the Kering Group (ex-Pinaut-Printemps-Redoute). In 2003, Crédit Agricole S.A. acquires Finaref from the PPR Group.
On April 1st, 2010, CA Consumer Finance is created, stemming from the merger of Sofinco and Finaref.
On July 1st, 2013, Finaref leaves out its name and becomes Sofinco.