March 2023 – Kinstellar, in collaboration with Linklaters, has successfully advised Crédit Agricole Consumer Finance and Stellantis on their acquisition of the Czech operations of LeasePlan from ALD Automotive. The deal follows ALD's announcement in January 2022 of its intention to acquire 100% of LeasePlan. Kinstellar successfully advised on the Czech aspects of the transaction.
This strategic acquisition includes ALD's operations in Ireland, Norway, and Portugal, as well as LeasePlan's business activities in the Czech Republic, Finland, and Luxembourg. It marks a significant step forward in Crédit Agricole Consumer Finance and Stellantis' pursuit of growth in the mobility and long-term vehicle leasing sectors. The disposals align with commitments made by ALD to the European Commission in relation to its proposed acquisition of LeasePlan. The transaction is expected to be completed in 2023.
The Kinstellar team was led by Karla Rundtová (Partner) with support from Adam Nemec (Managing Associate). Other team members included Martina Březinová (Counsel), Radim Kotrba (Managing Associate), Pavla Krsková, Jakub Šťastný (Senior Associates), Igor Šebo, Arťom Gnědin (Associates), and Simona Semanová and Lukáš Šikel (Junior Associates).