Drivalia acquires the operations of ALD Automotive in Ireland and Norway and those of Leaseplan in Finland and the Czech Republic
Drivalia’s mobility takes a significant step forward in its European growth process. Following approval from the European Commission
- Following approval from the European Commission, the CA Auto Bank group company acquires operations in the 4 European markets, involving a total of 70,000 vehicles and approximately 430 employees.
- This brings to 13 the total number of markets for Drivalia, which is already operational in Italy, France, Spain, Portugal, the United Kingdom, Greece, Belgium, the Netherlands and Denmark.f
- Initially, Drivalia’s offerings in the new 4 markets will focus on long-term rentals (LTR). However, the company has plans to introduce a comprehensive range of mobility solutions in the future, such as electric car sharing, car subscriptions, and rentals of all durations.
Drivalia’s mobility takes a significant step forward in its European growth process. Following approval from the European Commission, the CA Auto Bank Group’s rental and mobility company has officially completed the acquisition of ALD Automotive’s operations in Norway and Ireland, as well as that of Leaseplan’s operations in the Czech Republic and Finland, for a total of 70,000 vehicles and approximately 430 employees.
This strategic move allows Drivalia to establish a stronger presence in Europe, thanks to the four new markets, which bring the total number of countries in which the company operates to 13. The company will ensure continuity of service in these regions, as the new subsidiaries will be led by Dag Fraurud in Norway, David Wilkinson in Ireland, Martin Brix in the Czech Republic, and Petteri Pihlas in Finland.
Initially, Drivalia’s offerings in these four countries will focus on long-term rentals. However, the company has ambitious plans for the future as it gradually expands its services to include the full spectrum of solutions from Drivalia’s “Planet Mobility”, such as electric car sharing, car subscriptions and rentals of all durations. After the rebranding process is completed, the newly acquired subsidiaries will be integrated into Crédit Agricole group, the 10th largest bank in the world serving over 53 million customers across 46 countries.
“We are delighted and proud to welcome all the new teams to our big family. These acquisitions mark a turning point for Drivalia’s project in Europe. With the launch of new subsidiaries in Ireland, Norway, Finland, and the Czech Republic, we are moving ever closer to our goal of becoming a top pan-European player in the mobility of tomorrow “, says Giacomo Carelli, CEO of CA Auto Bank and Chairman of Drivalia. “We will work to firm up and improve the quality of services offered and the level of satisfaction of current customers, thanks to the union of the great know-how of the new teams and ours. Our strategy, based on our nature as an independent and multi-brand operator in a group with almost one century of automotive experience, enables us to offer the best mobility solutions available on the market” says Paolo Manfreddi, CEO of Drivalia.