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Thursday, January 7, 2016 - 13:00
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Car Leasing and Fleet Management company ALD Automotive has entered into a definitive agreement with MKB Bank Zrt. and Letét Kft., to acquire 100% of the shares of the Hungarian fleet management company MKB-Euroleasing Autópark and its Bulgarian subsidiary MKB-Autopark. MKB-Euroleasing Autópark owns a total fleet of nearly 9,400 vehicles, 7,700 in Hungary and 1,700 in Bulgaria.
ALD Automotive has been present in Hungary for 10 years and manages today 6.000 cars for its 500 clients. In Bulgaria, where the activities started a year and a half ago, ALD Automotive now manages 2,200 vehicles for 85 clients. With this transaction, ALD Automotive becomes a major player on the Hungarian fleet market and consolidates its leading market position in Bulgaria.
The closing of the transaction is expected mid 2016, subject to local authorities approval.
On an international level ALD Automotive operates in 40 countries and manages 1,2 million vehicles (end 2015).