ALD Automotive Finland to acquire 100% of Easy KM

By / 11 years ago / News / No Comments

Easy KM is a leading leasing company specialising in commercial vehicles and manages a fleet of 8,000 vehicles. The acquisition, which forms part of ALD International’s plans for continued strategic growth globally, is intended to provide ALD with unique expertise in serving the public and municipal sector in Finland.

‘Our view is that ALD Finland as a central operator in the industry in Finland is an excellent option as a buyer. By this transaction Governia Oy executes the task given to it by the state-owner to increase the owner value of its holdings. The transaction strengthens the company’s solvency, which for its part secures the company’s ability to receive new extraordinary tasks in the future,’ said Governia Oy’s managing director Timo Kankuri.

‘With this transaction, ALD Finland acquires a unique expertise in offering tailor-made solutions to the public sector and reinforces its capabilities in commercial vehicle management. We warmly welcome our new customers and are looking forward to serving them,’ added Pekka Kivinen, managing director of ALD Finland.

The closing of the transaction is expected to take place in the second half of 2014, after the obtainment of the necessary consent of the Finnish Competition and Consumer Authority.

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Natalie Middleton

Natalie has worked as a fleet journalist for nearly 20 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. Natalie edits all the Fleet World websites and newsletters, and loves to hear about any latest industry news - or gossip.

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