ALD Automotive to acquire Fleetpool.

ALD Automotive, a full service leasing and fleet management services provider, agreed to acquire Fleetpool, a car subscription company. Financial terms are not disclosed. “Our continued focus on bolt-on and value accretive acquisitions leverages our positioning in the flexible full service vehicle leasing segment. Fleetpool’s proven track-record will allow us to benefit from leading-edge technology and solid mobility expertise to accelerate our ambitions around car subscription services for our clients and partners in Europe. This acquisition will further consolidate our number 1 position in Europe and contribute to our strategic development plan, Move 2025, which aims at strengthening our competitive edge to reach an expected c. 2.3 million total contracts by 2025,” Tim Albertsen, ALD CEO.