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ALD Automotive is a French fleet managing and operational car leasing company and a majority owned 
subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a s ...
of Société Générale
Société Générale S.A. (), colloquially known in English as SocGen (), is a French-based multinational financial services company founded in 1864, registered in downtown Paris and headquartered nearby in La Défense.
Société Générale ...
. The company is active internationally and manages around 1.5 million vehicles. With a direct presence in 41 countries and with top 3 positions in 26 countries, ALD Automotive is ranked #3 worldwide and #1 in Europe by number of contracts under management and excluding OEM captives as at 31 December 2017 with around 1.5 million full service vehicle leasing
A vehicle (from la, vehiculum) is a machine that transports people or cargo. Vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses, mobility scooters for disabled people), railed vehicles (trains, trams), waterc ...
and fleet management service contracts.
The company also sells former lease fleet vehicles to consumers through its ALD Carmarket brand.
In 2015 ALD Automotive started leasing out e-bikes in the Netherlands, as part of a program on experimenting with innovative mobility on the Dutch market.
On 16 June 2017 the company was listed on the Paris Euronext stock market.
On 6 January 2022 the company announced its intention to acquire its Dutch-headquartered competitor Leaseplan for 4.9 billion euros. The operation is expected to close by the end of 2022 and would see the shareholding of Société Générale decrease to 53% of the combined entity down from 79.8% as at 10-07-2017.
Acquisitions
* Bright Lease * Munsterhuis Lease * Carfree * MKB-Euroleasing Autopark * SternLeaseReferences
* Leasing companies Société Générale Multinational companies headquartered in France Companies listed on Euronext Paris 2017 initial public offerings {{business-org-stub