LeasePlan

LeasePlan
Industry Leasing
Founded 1963 (1963)
Headquarters Netherlands
Number of locations
 Established in 32 countries
Area served
 Worldwide
Services Fleet management services
Owner LP Group B.V. (consortium of Stichting Pensioenfonds Zorg en Welzijn, Arbejdsmarkedets Tillægspension, GIC Private Limited, TDR Capital and Luxinva S.A. of the Abu Dhabi Investment Authority)
Number of employees
 More than 6500
Website www.leaseplan.com

LeasePlan is an international company of Dutch origins specialized in automobile leasing and fleet management.

Its products are composed of operational fleet management services. It was founded in 1963.[1][2] It has more than 14% of its approximately 6,600 employees working out of the Netherlands.

The company is owned by LP Group B.V., a consortium including 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 specialized 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.[1][3]

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).

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%), Olayan Group (25%), and Mubadala Development Company (25%).

On 21 March 2016, an international consortium led by the Dutch Stichting Pensioenfonds Zorg en Welzijn pension fund completed its acquisition of the company.[4] In 2017, the company announced it was exploring strategic alternatives for the business, that included a potential Initial Public Offering.

International presence

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.[5] 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.[6] Major clients include NHS,[7] Virgin Media[8] and Carlsberg.[9] It also sells off-lease vehicles to wholesalers and through its new CarNext.com unit.[10][11] 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, Brazil and Mexico.

LeasePlan Asia

  • Russia, United Arab Emirates, and India

LeasePlan Oceania

  • Australia and New-Zealand.

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.[12]

References

  1. 1 2 Flamand, Philippe (11 February 2013). "LeasePlan veut devenir un acteur de la mobilité globale des salariés". L'Express (in French).
  2. ↑ De Chauliac, Isabelle (13 January 2009). "Human Consulting Group place LeasePlan leader de la gestion de la relation client" (in French). Actionco.fr.
  3. ↑ "Partenariats" (in French). Goodyear. Retrieved 20 October 2014.
  4. ↑ "Consortium of long-term investors completes acquisition of LeasePlan". LeasePlan. 21 March 2016. Retrieved 22 September 2017.
  5. ↑ "Leaseplan becomes first leasing company to surpass 1.5 million vehicles worldwide". ContractHireAndLeasing.com. Retrieved 23 November 2015.
  6. ↑ "Leaseplan Website". Leaseplan.co.uk. Retrieved 2012-12-18.
  7. ↑ "At Your Service - Public sector - LeasePlan". www.leaseplan.com.
  8. ↑ "Fleet Management - Managing your Fleet - LeasePlan UK".
  9. ↑ LeasePlan. "Lisplangou.com". Lisplangou.com. Retrieved 2012-12-18.
  10. ↑ "LeasePlan builds on What's Next strategy by selling ex-lease cars direct". Fleet News. 31 May 2018.
  11. ↑ "LeasePlan to sell ex-lease cars direct via CarNext.com". Automotive Management. 31 May 2018.
  12. ↑ "Organisation structure". LeasePlan. Retrieved 20 October 2014.
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