All articles by Lorenzo Migliorato
Lorenzo Migliorato
Alphabet expands operations to Russia
Alphabet, the fleet leasing division of the BMW, has expanded operations to Russia through a local partner.
Hitachi Capital sets up vendor finance subsidiary in Amsterdam
Hitachi Capital UK has spun off its Amsterdam-based vendor finance branch into a subsidiary, as the pan-European company looks to hedge against Brexit’s threat to expansion on the continent.
ABN Amro-backed software house Cloud Lending to be acquired for $105m
US-based leasing software provider Cloud Lending is to be acquired by rival Q2 for $105m (£82.5m, €92.2m).
Alphabet appoints UK head of remarketing
Alphabet, BMW Group’s car and van fleet leasing division, has appointed a head of remarketing for the UK.
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Turkish lira freefall straining leasing backer EBRD, reports suggest
The slump in Turkey’s currency the lira could pose a sustainable but serious challenge to the European Bank for Reconstruction and Development, whose investments include wholesale capital loans to the country’s leasing companies.
Investec hits £250m in materials handling business
Investec Asset Finance has reached £250m (€278m) in materials handling business, four and a half years after the dedicated division launched.
Asset Alliance grows footprint with Hanbury Riverside acquisition
Commercial vehicle leasing group Asset Alliance has expanded its footprint to south-east England with the acquisition of Hanbury Riverside.
Santander UK backs car hire provider for £1.2m fleet expansion
Santander UK’s business banking division has provided a vehicle hire company in north-west England with £1.2m (€1.3m) to expand its fleet.