ING Car Lease to acquire Universal Lease Iberia ING Car Lease is buying Universal Lease Iberia in a move that will double its Spanish fleet to over 30,000 vehicles.
ING Car Lease has entered into an agreement with German-based
GFKL Financial Services to acquire its Spanish car leasing arm, as
it plans a “substantial expansion” of operations across Europe.
The acquisition will allow ING Car Lease to double its Spanish
fleet from 15,000 units to 31,000 units. The company will become
the seventh largest fleet operator in the Spanish car lease
market.
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