LeasePlan increases Austrian footprint with BAWAG PSK Leasing GmbH acquisition
Under the acquisition, which was announced earlier this year, LeasePlan has acquired 100% of the share capital of the Vienna-based firm.
The company said the move enables it to further expand into the profitable Austrian small and medium enterprise sector, and further supports LeasePlan’s selective growth strategy.
Nigel Storny, managing director at LeasePlan Austria, said: ‘We see the transaction as an excellent strategic fit and we are looking forward to welcoming our new colleagues.’
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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