Industry Leasing Website www.leaseplan.com Founded 1963, Netherlands | Number of employees More than 6500 Headquarters Flevoland, Netherlands Parent organization Lp Group B.V. | |
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Number of locations Established in 32 countries 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) CEO Tex Gunning (20 Sep 2016–) Subsidiaries LeasePlan UK, LeasePlan Norge A/S Profiles | ||
Leaseplan international introduction
LeasePlan is an international company of Dutch origins specialised in fleet management.
Contents
Its products are composed of operational fleet management services. Since its foundation in 1963, the company became the world leader of fleet management. It has more than 85% of its employees-approximately 6000 people-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, and to attain the position of worldwide leader in automotive fleet management.
In the 1990s, 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, called now 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 acuisition of the company.
International presence
LeasePlan, implemented in 32 countries, became the first company in the leasing industry to manage more than 1.5 million cars worldwide, and offer fleet management services. LeasePlan is present in traditional and emerging markets.
Here is the list of countries where LeasePlan is established:
LeasePlan Europe: Netherlands, France, Belgium, Luxembourg, United Kingdom (LeasePlan UK), Ireland, Portugal, Spain (LeasePlan Spain), Denmark, Germany, Switzerland, Norway, Sweden, Finland, Austria, Slovakia, Czech Republic, Poland, Hungary, Greece, Italy and Romania.
LeasePlan America: United-States, Canada, Brazil and Mexico.
LeasePlan Asia: Russia, United Arab Emirates, Turkey and India
LeasePlan Oceania: Australia and New-Zealand.
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.