Divestiture • Transportation

Daimler Financial Services AG Acquires Athlon Car Lease International BV

On December 1, 2016, Daimler Financial Services AG acquired transportation company Athlon Car Lease International BV from De Lage Landen International B.V

Acquisition Context
  • This is Daimler Financial Services AG’s 1st transaction in the Transportation sector.
  • This is Daimler Financial Services AG’s 1st transaction in the Netherlands.

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M&A Deal Summary

Date December 1, 2016
Target Athlon Car Lease International BV
Sector Transportation
Buyer(s) Daimler Financial Services AG
Sellers(s) De Lage Landen International B.V
Deal Type Divestiture

Target Company

Athlon Car Lease International BV

Almere, Netherlands
Athlon Car Lease International BV is a provider of operational vehicle leasing and mobility solutions.
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Buyer Overview 1

Buyer

Daimler Financial Services AG

Stuttgart, Germany

Category Company
Sector Financial Services
DESCRIPTION

Daimler Financial Services AG offers a comprehensive range of automotive financial service as well as innovative mobility services.


Deal Context for Buyer #
Overall 1 of 1
Sector: Transportation 1 of 1
Type: Divestiture 1 of 1
Country: Netherlands 1 of 1
Year: 2016 1 of 1

Seller Profile 1

SELLER

De Lage Landen International B.V

Eindhoven, Netherlands

Category Company
Founded 1969
Sector Financial Services
DESCRIPTION

De Lage Landen International B.V (DLLgroup) is a provider of financial services in Netherlands.


Deal Context for Seller #
Overall 1 of 1
Sector: Transportation 1 of 1
Type: Divestiture 1 of 1
Country: Netherlands 1 of 1
Year: 2016 1 of 1