# DLL Group

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De Lage Landen International B.V. (DLL) is a global vendor finance company with almost EUR 40 billion in assets. Founded in 1969 and headquartered in [Eindhoven](/source/Eindhoven), [The Netherlands](/source/Netherlands), it provides asset-based financial solutions in the [Agriculture](/source/Agriculture), [Food](/source/Food), [Healthcare](/source/Healthcare), [Clean technology](/source/Clean_technology), [Construction](/source/Construction), Transportation, Industrial Equipment, Office Equipment and Technology industries.

DLL is a wholly owned subsidiary of Rabobank Group.

DLL is a credit institution under the Capital Requirements Regulation (CRR) and is a 100% subsidiary of the Coöperatieve [Rabobank](/source/Rabobank) U.A. (Rabobank). DLL operates through local legal entities, which may conduct business using local licenses and under supervision of local regulators (e.g., DLL Finans AB in Sweden and Banco De Lage Landen Brasil S.A. in Brasil). For (part of) the business in Germany, Italy, Spain and Portugal, business is executed in branches of DLL where the passporting rights of DLL are leveraged. DLL holds 100% of the shares of its subsidiaries, except for “ joint ventures,” where DLL still controls the entities by having a majority in voting rights and economic interest.[1]

In 2013, DLL was ranked in the top five of European Leasing Companies and, in 2014, ranked first in the Top 25 Vendor Finance companies in the U.S.[2]

## History

DLL was founded in 1969 as **De Lage Landen** by [Rabobank](/source/Rabobank) and [Interpolis](/source/Interpolis) as a credit company.

For 2014 DLL reported a 10% growth of its portfolio to reach 34.5 billion Euro (42 billion USD) and net profit of 454 million Euro (602 million USD). This is a 13% increase compared to 2013.[3][4] In 2014, the company rebranded as DLL, along with a new logo.

### EMEA (Europe, the Middle East and Africa)

- Started in 1969;
- Operating in 20 countries (Austria, Belgium, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Russia, Spain, Sweden, Switzerland, Turkey, and the United Kingdom);
- 46.2% of DLL’s leasing portfolio is generated in EMEA (2020);

### Americas

- Started in this region in 1998;
- Established in 8 countries (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru and the United States of America);
- 45.6% of DLL’s leasing portfolio is generated in the Americas (2020);
- USA Locations - Wayne, PA - Johnston, IA - Duluth, GA - Las Vegas, NV

### Asia Pacific

- Started in this region in 2002;
- Established in 6 countries (Australia, China (including Hong Kong), India, Singapore, South Korea and New Zealand);
- 8.2% of DLL’s leasing portfolio is generated in Asia Pacific (2020);

## Key moments in the company’s history

1969 De Lage Landen is founded by Rabobank and Interpolis 1982 Introduction of operational leasing which became the basis for vendor finance 1982 Introduction of car leasing 1987 Expansion into Europe 1989 Introduction of the company color process blue 1997 Updated logo: De Lage Landen, partners in finance 1998 Expansion into North America 1999 Acquisition of Tokai Financial Services, a company that focuses on small-equipment financing[5] 2002 Expansion into South America and Australia 2004 Expansion into Asia 2005 Acquisition of Telia Finans, market leader Scandinavia in leasing IT and Office Equipment[6] 2006 Acquisition of Athlon Car Lease, an international car leasing company[7][8] 2006 Expansion into Central and Eastern Europe 2007 Launch of Freo online consumer finance in the Netherlands[9] 2011 Started Operations in India 2014 Renewed brand identity: DLL, financial solutions partner 2016 Sale of mobility entity, Athlon, to Daimler Financial Services 2017 Transfer of Dutch Financial Solutions business line to Rabobank

2024 Proposed acquisition of elf leasing gmbh

## References

1. ["Pillar 3 Report 2021"](https://www.dllgroup.com/en/-/media/Project/Dll/Global/Documents/Annual-Reports/2021-DLL-Pillar-3-Report.pdf). *dllgroup.com*. Retrieved 21 Oct 2025.

1. ["Ranking of Top European Leasing Companies"](http://www.leaseurope.org/uploads/documents/ranking/Leaseurope%20Ranking%20Survey%202013_public.pdf). *Leaseurope*. Retrieved 16 June 2015.

1. ["DLL reports strong profits for 2014"](http://www.dllgroup.com/Press/Latest/DLL-reports-strong-profits-for-2014). *DLL Group*. Retrieved 16 June 2015.

1. ["De Lage Landen Eindhoven boekt meer winst"](http://www.ed.nl/economie/de-lage-landen-eindhoven-boekt-meer-winst-1.4783840). *ED.nl*. Eindhovens Dagblad. Retrieved 17 June 2015.

1. ["De Lage Landen to Buy Tokai's Leasing Arm"](https://www.wsj.com/articles/SB9209309645774500). *The Wall Street Journal*. Dow Jones & Company, Inc. 9 March 1999. Retrieved 16 June 2015.

1. ["TeliaSonera sells Telia Finans to De Lage Landen International B.V."](http://globenewswire.com/news-release/2004/01/15/305160/50930/en/TeliaSonera-sells-Telia-Finans-to-De-Lage-Landen-International-B-V.html). *GlobeNewswire*. GlobeNewswire, Inc. 15 January 2004. Retrieved 16 June 2015.

1. ["Athlon Car Lease maakt deel uit van De Lage Landen International B.V."](http://www.athloncarlease.com/athlon-nl/index.php?id=3436). *Athlon Car Lease*. Retrieved 23 June 2015.

1. ["De Lage Landen wil Athlon overnemen"](http://www.trouw.nl/tr/nl/4324/Nieuws/article/detail/1471493/2006/03/22/De-Lage-Landen-wil-Athlon-overnemen.dhtml). *Trouw*. De Persgroep Nederland. Retrieved 23 June 2015.

1. ["Rabobank in online krediet"](http://www.trouw.nl/tr/nl/4504/Economie/article/detail/1321869/2007/08/23/Rabobank-in-online-krediet.dhtml). *Trouw*. De Persgroep Nederland. Retrieved 23 June 2015.

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Adapted from the Wikipedia article [DLL Group](https://en.wikipedia.org/wiki/DLL_Group) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/DLL_Group?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.
