All articles by Mike Cobb
Mike Cobb
Kennet on acquisition trail
Broker Kennet Equipment Leasing, itself recently bought by an investment fund backer, has acquired AH Corporate Finance (AH) in a move that will see the lessor expand its portfolio, particularly in the low carbon finance markets.
Unicredit launches 1.3bn Italian leasing securitisation
UniCredit Leasing, the asset finance arm of Italian bank UniCredit, has launched a 1.3bn leasing securitisation according to a statement from the firm.
De Lage Landen profits up 8.2% in H1
Europe’s largest asset finance company De Lage Landen (DLL) has increased net profits by 8.2% in the half year to the end of September, taking its net profits to 225m, according to the company’s half year report.
Burnt Tree taken over by Enterprise Rent-A -Car
Burnt Tree, the corporate commercial vehicle rental company, has been acquired by Enterprise Rent-A-Car, the global car hire company.
Mazda Contract Hire anticipates record year
Mazda Contract Hire, the business finance offering of the Japanese car maker, has almost doubled registrations in the first three months of its financial year according to a statement from Mazda Motors UK
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Daimler Financial Services on the up
Daimler Financial Services, the finance arm of vehicle manufacturer Daimler, has increased its earnings before indemnities and taxation by 16% in the first half of 2014 compared to the same period in 2013
The Car Finance Company go commercial and offer shares to staff
UK based near prime lender The Car Finance Company has launched a new service to cater to SMEs after seven years covering the near and subprime sector in consumer car finance.
Asset finance investment on the up – FLA
The UK’s asset finance markets grew by 6% year-on-year in May, with plant and commercial vehicles seeing the most investment, according to the latest data from the Finance & Leasing Association (FLA).
Chair appointed to Leaseurope automotive steering group
The European leasing and vehicle rental trade body Leaseurope has appointed a new chair to its Automotive Steering Group
UK asset finance business grows 9% in January
The UK asset finance industry developed 9% more business in January 2014, with key asset sectors such as machinery finance reporting double digit growth year-on-year, according to figures from the Finance & Leasing Association (FLA).