Arval has entered exclusive negotiations with Mercedes-Benz Group to acquire Athlon, which would create a major player in the European full-service vehicle leasing sector, with a combined fleet of approximately 2.3 million vehicles.

Information on the Target

Arval has initiated exclusive negotiations with the Mercedes-Benz Group for the acquisition of Athlon, aiming to acquire 100% of the company. Athlon manages a multi-brand fleet of over 400,000 vehicles, with 56,000 of those under fleet management across ten European countries. This transaction would significantly enhance Arval's operational capacity and demonstrate its commitment to expanding its presence in the full-service vehicle leasing sector.

The acquisition presents a unique opportunity for both companies, as Arval currently operates a fleet of 1.9 million vehicles, and together with Athlon, they would boast a combined fleet nearing 2.3 million vehicles. This strategic move underlines Arval's ambition to emerge as the European leader in the full-service vehicle leasing market, focusing on sustainable mobility and high service quality.

Industry Overview in the Target’s Specific Country

The vehicle leasing industry in Europe is increasingly dynamic, driven by a growing demand for flexible mobility solutions and sustainable practices. Key markets such as the Netherlands, France, and Germany are witnessing significant g