23 July 2015

Consortium of investors acquires LeasePlan for EUR 3.7 billion

+ 1 other team member
De Brauw Blackstone Westbroek has assisted a consortium of investors on the acquisition of LeasePlan, the world’s leading global fleet management and driver mobility company, from Global Mobility Holding B.V., a joint venture of Volkswagen AG and Fleet Investments B.V.

The consortium comprises Dutch pension fund service provider PGGM, Denmark’s largest pension fund ATP, GIC, Luxinva S.A., a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), the Merchant Banking Division of Goldman Sachs and investment funds managed by TDR Capital LLP. LeasePlan offers services across the automotive value chain including vehicle acquisition, leasing, fleet management, fleet funding, car remarketing and insurance. It has 1.42 million multi-brand vehicles and is present in 32 countries.

De Brauw has advised the consortium on all Dutch law regulatory aspects of the deal and prepared the necessary filings with the Dutch regulators and ECB in connection with the deal.

Team: Daniëlle Pos (team leader), Eva Schram, Jessica Schouten, Else Rowel and Manon Warmerdam.