Kinstellar, working with Linklaters, has successfully advised Credit Agricole Consumer Finance and Stellantis on their acquisition from ALD Automotive of, among others, LeasePlan’s Czech operations.
The transaction remains contingent on regulatory approval.
"This strategic acquisition includes ALD's operations in Ireland, Norway, and Portugal, as well as LeasePlan's business activities in the Czech Republic, Finland, and Luxembourg," Kinstellar informed. "It marks a significant step forward in Credit Agricole Consumer Finance and Stellantis' pursuit of growth in the mobility and long-term vehicle leasing sectors. The disposals align with commitments made by ALD to the European Commission in relation to its proposed acquisition of LeasePlan."
LeasePlan is a Netherlands-headquartered fleet management and driver mobility company, providing vehicle leasing and management services.
The Kinstellar team was led by Partner Karla Rundtova and included Counsel Martina Brezinova, Managing Associates Adam Nemec and Radim Kotrba, Senior Associates Pavla Krskova and Jakub Stastny, Associates Igor Sebo and Artom Gnedin, and Junior Associates Simona Semanova and Lukas Sikel.
Kinstellar could not provide further information on the deal.