Bird & Bird has advised ALD Automotive on the acquisition of Fleetpool, a leading German car subscription company, and its portfolio of 10,000 vehicles.
Fleetpool is the leading German car subscription company serving private individuals, partners and companies where it operates through a digital subscription platform. It provides fully integrated digital access to all-inclusive car subscription packages directly via Fleetpool’s mobility web shops.
ALD offers fleet management and long-term vehicle leasing solutions to companies in 43 countries. This acquisition will allow ALD to grow its mobility offering with Fleetpool’s car subscription expertise for private individuals and companies, as well as OEM partners looking to diversify their distribution models and service offerings. Expansion is envisaged in over 10 European countries by 2026.
ALD Automotive was advised by the following Bird & Bird lawyers: partners Gildas Louvel (Paris) and Dr. Stefanie Orttmann, LL.M. (Düsseldorf) joint lead, associates Jan Medele, Dr. Dominic Poster, Felix Spindler (all Düsseldorf) and Jasmine Javault (Paris), all Corporate/M&A, partners Dr. Stephan Waldheim (Düsseldorf), Vojtech Chloupek (Prague) and Thomas Oster (Paris), associates Maren Steiert, Tamy Tietze (both Düsseldorf) and Jiri Švejda (Prague), all EU & Competition, partners Dr. Miriam Ballhausen (Hamburg) and Lennart Schüßler, counsel Lea Noemi Mackert, LL.M. and associate Lars Garling (all Düsseldorf) all Tech & Comms/Commercial, partner Dr. Catharina Klumpp, LL.M. and associate Meike Brecklinghaus (both Düsseldorf, Employment), partner Dr. Matthias Winter and associate Pascal Leitmann (both Frankfurt, Finance & Financial Regulation), partner Dr. Philipp Egler (Frankfurt, Dispute Resolution), counsel Dr. Constantin Eikel (IP, Düsseldorf).