BMW Group sells Noordlease
MUNCHEN/GRONINGEN, June 30, 2014 – BMW Group has sold Noordlease Holding B.V. (“Noordlease”) to management backed by NIBC and NOM. Noordlease became part of the BMW Group following the acquisition of ING Car Lease in 2011.
For more details refer to press release of NIBC.
Emendo Capital acted as exclusive financial adviser to BMW Group.
Noordlease (now Hitachi Capital Mobility) is a regional car leasing company with a fleet size of approximately 10,000 vehicles in 2014, making it a top-10 player in the Dutch market. Furthermore, it is the market leader in the Dutch private lease segment. The company is headquartered in Groningen and employs approximately 50 employees.
For additional information on Noordlease, visit hitachicapitalmobility.nl.
About BMW Group
With its three brands BMW, MINI and Rolls-Royce, the BMW Group is the world’s leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. As a global company, the BMW Group operates 30 production and assembly facilities in 14 countries and has a global sales network in more than 140 countries.
For additional information on BMW Group, visit bmwgroup.com.