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08.07.2020

UniCredit Leasing Austria sells its fleet management activity and enters into a long-term exclusive cooperation

  • Arval, one of the leading European full service leasing providers, acquires Fuhrparkmanagement GmbH from UniCredit Leasing Austria

UniCredit Leasing Austria is selling its fleet management business to Arval, one of the leading full service leasing providers in Europe, and is entering into a long-term exclusive sales cooperation with Arval for its fleet management services as part of this outsourcing.

Susanne Wendler, member of the Management Board of UniCredit Bank Austria responsible for Unternehmerbank, to which UniCredit Leasing Austria belongs, emphasizes: “We are pleased that we have been able to win a highly professional fleet management partner in Arval. The future sales cooperation will enable us to serve our customers even better in the future by offering them the services of one of the largest European fleet management companies. With this strong strategic partner, we will also ensure our customers a direct and rapid access to future product innovations in the field of fleet management on an international scale.”

Kalman Tekse, General Manager of Arval Austria: “I am convinced this cooperation agreement will bring value to both partners Arval and UniCredit, and we are delighted to welcome the Unicredit Leasing Fuhrparkmanagement GmbH’s employees and customers”, commented Kalman Tekse, General Manager of Arval Austria. “We are really looking forward working with UniCredit Bank Austria, and beyond full service leasing, develop together tomorrow’s sustainable mobility offer that will fit with the expectations of Austrian companies and customers”, adds Alain Van Groenendael, Arval Chairman & CEO.

After the signing of the contract, the deal is expected to be closed in September 2020 and is subject to customary anti-trust and other usual approvals. The contracting parties have agreed not to disclose the purchase price. 

About Arval 
Arval specialises in full service vehicle leasing and new mobility solutions, leasing 1.3 million vehicles globally by the end of December 2019. Every day, more than 7,000 Arval employees in 30 countries offer flexible solutions to make journeys seamless and sustainable for its customers, which range from large international corporates to smaller companies and individual retail clients. Arval is a founding member of the Element-Arval Global Alliance, a worldwide leader in the fleet management industry, with 3 million vehicles in 50 countries. Arval was founded in 1989 and is fully owned by BNP Paribas, within the Group, Arval sits within its Retail Banking & Services division. www.arval.com 

About UniCredit Leasing Austria
UniCredit Leasing is a universal leasing provider with an extensive range of products and, as part of Unternehmerbank, is a 100 percent subsidiary of UniCredit Bank Austria. The range of products and services in the field of leasing extends from cars, trucks and buses to movables, real estate, wind turbines and rail vehicles.

Enquiries
UniCredit Bank Austria Media Relations
Matthias Raftl, tel.: +43 (0) 5 05 05-52809;
E-mail: matthias.raftl@unicreditgroup.at