Apera Asset Management and Oldenburgische Landesbank have successfully secured customized debt facilities for Eurorad Deutschland GmbH, aimed at supporting the company's growth in the bike leasing industry.

Target Information

Eurorad Deutschland GmbH, established in 2012 and based in Cologne, Germany, is a leader in the bike leasing sector, promoting sustainable transportation options. The company has pioneered innovative solutions in bike leasing, which not only promote eco-friendly mobility but also enhance employee wellness, reduce transportation expenses, and contribute significantly to environmental conservation. Eurorad boasts a comprehensive and automated system that integrates a wide-ranging network of over 5,000 bike dealerships, leasing banks, and insurance providers, catering to a diverse array of corporate clients. The company's dedication to delivering exceptional value and comprehensive insurance coverage has earned it multiple accolades within the industry.

Industry Overview in Germany

The bike leasing industry in Germany has experienced substantial growth, driven by a growing awareness of sustainability and the increasing importance of employee health and well-being. More companies are adopting bike leasing schemes as part of their employee benefits, aiming to promote healthier commuting options while reducing their overall carbon footprint.

Germany's commitment to environmental sustainability is further evidenced by governmental policies encouraging the use of bicycles as a primary mode of transportation. Initiatives aimed at improving cycling infrastructure and incentivizing bicycle use have bo