ALD, a subsidiary of the Société Générale Group, said the achievement is the result of the recent acquisition of Parcours last spring, together with continued organic growth. It added that growth was seen across all sales channels, from SMEs to international key accounts through direct and indirect distribution, and was aided by its geographical coverage, with operations in 41 countries across four continents.

The business has already posted a growth of more than 100,000 contracts this year, equivalent to the yearly growth already achieved in 2014 and 2015.

Mike Masterson, ALD International CEO, said: “We are very proud of this new milestone and I would like to thank all the staff for the great work they have done. Today, we are all turn towards our ambition: being the worldwide leader in the creation and provision of mobility solutions.

“The cornerstone of that ambition is customer service. We also strive to be the market reference for technology and innovation. To achieve that ambition, we are building market leading service solutions for our customers to exceed global expectations through local expertise and employee empowered service excellence.

“We believe the spirit of commitment and innovation of our management and staff with regard customer service will help us meet this challenge.”