We have advised Governia on the sale of Easy Km to ALD Automotive Finland.
Easy Km is Finland's largest commercial vehicle leasing company offering a diverse range of leasing solutions. The company has established a strong foothold in the public sector vehicle leasing market.
The transaction was signed in June 2014. The closing of the transaction is subject to approval by the Finnish Competition and Consumer Authority.
The purchaser was ALD Automotive Finland, the operational leasing and fleet management business line of the Societe Generale group. ALD Automotive is one of the largest leasing providers in Europe and a company of reference in its market.
Governia Oy is a 100% state-owned investment company used for special ownership restructuring purposes. The company's mission is to own and develop the assets of the company and to increase shareholder value.
ALD Automotive Finland strengthened its leading market position with the acquisition.
