Wheels Donlen LeasePlan complete USA combination, affirms new corporate mobility solutions company
LeasePlan USA and Wheels Donlen have announced the completion of their previously announced combination to create a unified fleet management and mobility company in the United States.
Athlene Holding, the parent company of Wheels Donlen, is the lead investor in the LeasePlan combination as well as the majority shareholder of the newly combined company, currently known as Wheels Donlen LeasePlan.
Combining LeasePlan USA and Wheels Donlen creates a corporate mobility solutions leader, with greater scale, enhanced investment capacity and differentiated capabilities to better serve clients globally, Wheels Donlen LeasePlan said in a release.
The financial and operational strength of the combined company supports an ambitious go-forward strategy to deliver an enhanced suite of client solutions across fleet, last-mile delivery, trucks and equipment, including greater electric vehicle and digital technology integration, the release said, adding that the company will be rebranding in 1Q23.
Wheels Donlen LeasePlan, which today manages more than 800,000 vehicles and $7 billion of assets in the US, will be led by CEO Shlomo Crandus while Matt Dyer, previously CEO of LeasePlan USA, will serve as its President and as a board member.
Meanwhile, the global alliance between Wheels Donlen and ALD Automotive will continue as the company collaborates with ALD to serve clients in a total of 59 countries with over 2.7 million vehicles.
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