PARIS and MANCHESTER, NH - Merchants Leasing announced Sept. 2 the acquisition of ALD Automotive USA, the North American arm of ALD Automotive, one of the largest fleet providers in Europe. As a result of this transaction, Merchants Leasing will acquire ALD's U.S. customer base and a fleet of about 3,300 vehicles.
The transaction became effective Aug. 31.
ALD Automotive will continue to manage new businesses and large operations on the American market through its global commercial partnership with Wheels Inc. signed in 2009.
Merchants and ALD staff are working to ensure an effective transition to reduce any gaps in service or other interruptions in the day-to-day operations of the ALD fleet. Clients, suppliers, or other industry providers with any questions about ALD Automotive USA can contact the company at 608-443-3589 or by visiting their Web site at www.aldautomotive.us.
ALD Automotive is the operational leasing and fleet management business line of the Societe Generale group and one of the largest providers in Europe. As of June 2010, the company manages a total of 815,728 vehicles.
Originally posted on Automotive Fleet