ALD Automotive has successfully completed the acquisition of 100% of LeasePlan, one of the world’s leading fleet management and mobility companies, from a consortium led by TDR Capital.
Tim Albertsen, Chief Executive Officer of ALD Automotive | LeasePlan, has appointed Sharon O’Buachalla, as Country Managing Director, effective immediately.
Sharon has played a pivotal role in guiding and driving the strategic direction of LeasePlan in Ireland, spearheading its vision of being at the forefront of innovative mobility solutions.
This transformative acquisition represents a step-change which positions the combined group as the leading global sustainable mobility player with a total fleet of 3.31 million vehicles managed worldwide. By joining forces, ALD Automotive and LeasePlan will lead the way to net zero and further shape the digital transformation of the industry. The combined entity will leverage on scale and complementary capabilities to strengthen its competitiveness and deliver sustained growth.
In Ireland, LeasePlan will become part of the new group. In compliance with the commitments made in the context of the clearance by the European Commission of the acquisition of LeasePlan, ALD indeed entered into a share purchase agreement to sell its subsidiary in Ireland to Crédit Agricole Consumer Finance. Upon completion of its sale to Crédit Agricole Consumer Finance, ALD in Ireland will eventually change its name.
Sharon O’Buachalla was initially appointed Managing Director of LeasePlan Ireland in 1997. Previously, Sharon coming from a motor trade background, set up the leasing wing of Fleet Management Services in 1989 which was later acquired by LeasePlan. As the Managing Director of LeasePlan Ireland, Sharon assumes a pivotal role in guiding and driving the strategic direction of the company. Sharon’s contributions to the automotive industry have earned her widespread recognition. She continues to be a driving force in the company, spearheading its vision of being at the forefront of innovative mobility solutions.
ALD Automotive | LeasePlan
ALD Automotive | LeasePlan is a leading global sustainable mobility player providing full-service leasing, flexible subscription services, fleet management services and multi-mobility solutions to a client base of large corporates, SMEs, professionals and private individuals. With the broadest coverage in 44 countries through direct presence, ALD Automotive | LeasePlan is leveraging its unique position to lead the way to net zero and further shape the digital transformation of the industry through innovation and technology-enabled services to enable the transformation towards large scale adoption of sustainable mobility.
With 15,700 employees worldwide, ALD Automotive | LeasePlan manages 3.3 million vehicles (at end-March 2023).