LeasePlan

{{Short description|Car leasing company}} {{Infobox company | name = LeasePlan | logo = LeasePlan_UK_Logo_2017.png | caption = | type = | traded_as = | industry = Leasing | fate = | predecessor = | successor = | founded = {{Start date and age|df=yes|1963}} | founder = | defunct = | location = | hq_location_city = | num_locations = Established in 32 countries | area_served = Worldwide | key_people = Tex Gunning (CEO)<ref name=flmob>{{Cite web|url=https://fleet-mobility.nl/magazines/magazines/326-jaargang-2019/editie-1/20820-tex-gunning-ceo-leaseplan-ik-heb-impact-van-afgeketste-beursgang-onderschat|title = Tex Gunning (Ceo Leaseplan): Ik heb impact van afgeketste beursgang onderschat - Fleet & Mobility}}</ref> | products = | services = Fleet management services | revenue = | operating_income = | net_income = | assets = | equity = | owner = {{ubl|ABN Amro {{smaller|(1985–2004)}}|LP Group B.V. {{smaller|(2004–23)}}|ALD {{smaller|(2023–present)}}}} | num_employees = More than 6500 | divisions = | subsidiaries = | footnotes = | hq_location_country = Netherlands | website = {{URL|http://www.leaseplan.com}} }}

'''LeasePlan''' is an international company of Dutch origins, specialised in automobile leasing and fleet management - its products are composed of operational fleet management services. Founded in 1963,<ref name="L'Express">{{cite web |last=Flamand |first=Philippe |date=11 February 2013 |url=http://lentreprise.lexpress.fr/solutions-business/leaseplan-veut-devenir-un-acteur-de-la-mobilite-globale-des-salaries_38483.html |title=LeasePlan veut devenir un acteur de la mobilité globale des salariés |work=L'Express |language=fr}}</ref><ref>{{cite web |last=De Chauliac |first=Isabelle |date=13 January 2009 |url=http://www.actionco.fr/Breves/Human-Consulting-Group-place-LeasePlan-leader-de-la-gestion-de-la-relation-client--27827.htm |title=Human Consulting Group place LeasePlan leader de la gestion de la relation client |publisher=Actionco.fr |language=fr |access-date=14 May 2013 |archive-date=1 July 2013 |archive-url=https://archive.today/20130701155539/http://www.actionco.fr/Breves/Human-Consulting-Group-place-LeasePlan-leader-de-la-gestion-de-la-relation-client--27827.htm |url-status=dead }}</ref> it has more than 14% of its approximately 6,600 employees working out of the Netherlands.

On May 22, 2023, the company was acquired by ALD Automotive.<ref>{{Cite web|title=ALD successfully completes the acquisition of LeasePlan and announces management changes|url=https://www.aldautomotive.com/news-media/worldwide-news/ArticleID/5612/ALD-successfully-completes-the-acquisition-of-LeasePlan-and-announces-management-changes|work=ALD Automotive|access-date=2023-07-27|language=en-US}}</ref> However, it was once controlled by a consortium that included Stichting Pensioenfonds Zorg en Welzijn, Arbejdsmarkedets Tillægspension, GIC Private Limited, TDR Capital and Luxinva S.A. of the Abu Dhabi Investment Authority.

== History == Founded in the Netherlands in 1963 following a joint venture between a bank and a company providing services to drivers, LeasePlan initially specialised in the open-book management model (an actual costs management system). LeasePlan expanded internationally in the 1970s by establishing operations in Belgium, Germany, France, and Great Britain.<ref name="L'Express"/><ref>{{cite web |url=http://www.goodyear.eu/be_fr/about-goodyear/partnerships/index.jsp |title=Partenariats |publisher=Goodyear |language=fr |access-date=20 October 2014}}</ref>

In 1985, the banking group ABN-Amro acquired 100% of the shares in LeasePlan and founded a holding company named ABN-Amro Lease Holding. LeasePlan diversified its offer by introducing an online fleet management software package (Plan8, now called FleetReporting).

Responding to the trend in market consolidation, LeasePlan acquired several companies in the years following 2000 (Dial in Great Britain, in France, and in Italy, and CSC in the United States).

Since 1993 the company holds a banking license.<ref>{{Cite web|date=2008-12-15|title=Kamervragen garantieregeling voor kredieten – LeasePlan|url=https://www.tweedekamer.nl/downloads/document?id=21a45e6b-bc23-4c2f-9845-cce03570b234&title=Antwoord%20op%20vragen%20van%20het%20lid%20Tony%20van%20Dijck%20over%20de%20garantieregeling%20voor%20kredieten%20en%20de%20garantieverstrekking%20aan%20LeasePlan.doc}}</ref>

In 2003, the holding company of the LeasePlan Group was renamed LeasePlan Corporation.

In 2004, ABN-Amro sold LeasePlan Corporation to a consortium consisting of the Volkswagen Group (50%), The Olayan Group (25%), and Mubadala Development Company (25%). In 2009 German Metzler Bank took over the shares of the latter two companies.<ref>{{Cite web|last=Hofs|first=Yvonne|date=2015-07-23|title=LeasePlan verkocht voor 3,7 miljard euro|url=https://www.volkskrant.nl/gs-bad0eab9|access-date=2021-08-30|website=de Volkskrant|language=nl-NL}}</ref><ref>{{Cite web|date=2015-07-22|title='Verkoop LeasePlan bijna rond'|url=https://www.rtlnieuws.nl/geld-en-werk/artikel/1062146/verkoop-leaseplan-bijna-rond|access-date=2021-08-30|website=RTL Nieuws|language=nl}}</ref>

In 2012 LeasePlan acquired the Italian car leasing activities of BBVA.<ref>{{Cite web|title=Leaseplan breidt flink uit in Italië|url=https://www.bnr.nl/radio/bnr-nationale-autoshow/10204935/leaseplan-breidt-flink-uit-in-italie|access-date=2021-08-30|website=bnr.nl}}</ref>

On 21 March 2016, an international consortium led by the Dutch Stichting Pensioenfonds Zorg en Welzijn pension fund completed its acquisition of the company.<ref>{{cite web|title=Consortium of long-term investors completes acquisition of LeasePlan|url=https://www.leaseplan.com/newsroom/2016/consortium-of-long-term-investors-completes-acquisition-of-leaseplan|publisher=LeasePlan|access-date=22 September 2017|date=21 March 2016}}</ref> In 2017, the company announced it was exploring strategic alternatives for the business, that included a potential initial public offering (IPO). However the IPO was cancelled in October 2018, with no further plans to bring the company public.<ref>{{Cite web|title='Komende jaren geen beursgang LeasePlan'|url=https://www.bnr.nl/nieuws/mobiliteit/10366185/komende-jaren-geen-beursgang-leaseplan|access-date=2021-08-30|website=bnr.nl}}</ref>

On 6 January 2022 the French fleet rental and car leasing company ALD Automotive, the listed subsidiary of the French bank Société Générale announced an intention to acquire the company for 4.9 billion euros.<ref>{{Cite news|date=2022-01-06|title=SocGen's car leasing business ALD to buy LeasePlan for $5.5 bln|language=en|work=Reuters|url=https://www.reuters.com/markets/deals/french-bank-socgens-ald-car-leasing-unit-buy-leaseplan-49-bln-euros-2022-01-06/|access-date=2022-01-06}}</ref> The acquisition was completed in May 2023.

== International presence == thumb|LeasePlan's world presence

LeasePlan, present in over 30 countries, became the first company in the leasing industry to manage more than 1.8 million cars worldwide, and offer fleet management services.<ref>{{cite web |url=https://leasing.com/car-leasing-news/leaseplan-1-5-million-vehicles-global-fleet-record/ |title=Leaseplan becomes first leasing company to surpass 1.5 million vehicles worldwide |publisher=ContractHireAndLeasing.com|access-date=23 November 2015}}</ref> LeasePlan is present in both traditional and emerging markets.

===Countries=== The following is a list of countries where LeasePlan is established:

====LeasePlan Europe==== * Netherlands, France, Belgium, Luxembourg, United Kingdom, Ireland, Portugal, Spain, Denmark, Germany, Switzerland, Norway, Sweden, Finland, Austria, Slovakia, Czech Republic, Poland, Hungary, Greece, Italy, Romania and Turkey.

=====LeasePlan UK===== LeasePlan UK was created in 1979. The company operates a fleet of over 137,000 vehicles including over 38,000 commercial vehicles.<ref>{{cite web|url=https://www.leaseplan.co.uk/why-leaseplan/286/ |title=Leaseplan Website |publisher=Leaseplan.co.uk |access-date=2012-12-18}}</ref>{{primary source inline|date=April 2013}} Major clients include NHS,<ref>{{cite web|url=https://www.leaseplan.com/en-gb/fleet-management/public-sector/?redir=1&redirect=leaseplan.co.uk/page/public-sector-leasing|title=At Your Service - Public sector - LeasePlan|website=www.leaseplan.com}}</ref> Virgin Media<ref>{{cite web|url=https://www.leaseplan.com/en-gb/fleet-management/services/?redir=1&redirect=leaseplan.co.uk/page/vehicle-services|title=Fleet Management - Managing your Fleet - LeasePlan UK}}</ref> and Carlsberg.<ref>{{cite web|author=LeasePlan |url=http://www.lisplangou.com/public/en_GB/index.jsp|title=Lisplangou.com |publisher=Lisplangou.com |access-date=2012-12-18}}</ref> It also sells off-lease vehicles to wholesalers and through its new CarNext.com unit.<ref>{{cite news|url=https://www.fleetnews.co.uk/news/fleet-industry-news/2018/05/31/leaseplan-builds-on-what-s-next-strategy-by-selling-ex-lease-cars-direct |title=LeasePlan builds on What's Next strategy by selling ex-lease cars direct |date=31 May 2018 |work=Fleet News}}</ref><ref>{{cite news|url=https://www.am-online.com/news/used-cars/2018/05/31/leaseplan-to-sell-ex-lease-cars-direct-via-carnextcom |title=LeasePlan to sell ex-lease cars direct via CarNext.com |date=31 May 2018 |work=Automotive Management}}</ref> Awards the company has earned include Fleet News leasing company of the year 2016 and Green Fleet leasing company of the year 2016.

====LeasePlan America==== * United-States, Canada, Mexico and Brazil

====LeasePlan Asia==== * Russia, United Arab Emirates, and India

====LeasePlan Oceania==== * Australia and New Zealand were sold to SG Fleet in 2021. As of October 2025, LeasePlan Australia has now integrated with SG Fleet.

== LeasePlan Bank == LeasePlan Bank is a Dutch internet savings bank and an undertaking of LeasePlan. LeasePlan Bank was established in 2010 to provide an additional source of financing for LeasePlan's core business.<ref>{{cite web |url=http://www.leaseplan.com/pu/en/Organisation_structure |title=Organisation structure |publisher=LeasePlan |access-date=20 October 2014 |archive-url=https://web.archive.org/web/20141004171108/http://www.leaseplan.com/pu/en/Organisation_structure |archive-date=4 October 2014 |url-status=dead }}</ref>

== References == {{Reflist}}

==External links== *[https://www.leaseplan.com/corporate Official website] *[https://www.sgfleet.com/au SG Fleet Australia official website] *[https://www.sgfleet.com/nz SG Fleet New Zealand official website] *[https://www.sgfleet.com/uk/driving-insights/sg-fleet-group-agreement-to-acquire-leaseplan-australia-and-new-zealand SG Fleet UK Blog] *[https://premium.goauto.com.au/leaseplan-sold-to-sg-fleet/ News article covering the sale]

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Category:2023 mergers and acquisitions Category:Vehicle leasing companies Category:Financial services companies established in 1963 Category:Transport companies established in 1963 LeasePlan Bank