The Element-Arval Global Alliance has added RDA Renting as a new member, growing the worldspanning fleet management partnership to 50 countries. RDA Renting operates in Argentina and Uruguay and offers advice, purchasing, delivery, administration and resale of fleet vehicles.
Arval, one of Europe's largest leasing company for service vehicles, wants to take full service leasing to the Swedish marknade and grow 30 30 percent over three years in Sweden. Through the acquisition of GE Capital Fleet Services in Europe is now establishing Arval in the Swedish market and challenge existing players significantly. Arval focuses fully on full service leasing and offers a wide range of products for the complete management of the entire fleet in a more cost effective manner. Read the full press release in PDF below.
BNP Paribas today announced that Arval has completed the acquisition, first announced in June, of GE Capital's European fleet management activity. Arval is now the leader in full service leasing in Europe.
Arval, a subsidiary of BNP Paribas and an expert in the full-service leasing of multi-brand vehicles to companies, today announced it has signed an agreement with Empresas Relsa, a company specialising in full service vehicle leasing in Chile, Peru and Brazil.