Vienna –Raiffeisen Centrobank (RCB) finalised the sale of BAWAG P.S.K. Fuhrparkleasing GmbH to LeasePlan Corporation N.V., the world’s leading fleet and vehicle management company. For RCB, who acted as sell-side advisor, it was the second mandate the Bank successfully concluded for BAWAG P.S.K. Group.
“Advising BAWAG P.S.K. Group in optimising their portfolio accounts for one the major mandates we finalised in Austria this year. As the Austrian market has been increasing its attractiveness for international investors, we are confident to see further M&A transactions in Austria until the end of the year“, says Henning von Stechow, Head of M&A at RCB.
BAWAG P.S.K. Fuhrparkleasing GmbH, a 100% subsidiary of BAWAG P.S.K. Leasing, manages about 6,500 cars, which have been completely taken over by LeasePlan Corporation N.V..
LeasePlan Corporation N.V. is the world’s leading fleet and vehicle management company. LeasePlan manages around 1.3 million vehicles and is a global player with subsidiaries and branches in 31 countries with complete geographic coverage.
About Raiffeisen Centrobank AG
Raiffeisen Centrobank is a leading Austrian investment bank offering the full spectrum of services and products associated with stocks, derivatives and equity capital market transactions, both via the stock exchange and off market, with a clear focus on the CEE region and on Turkey. Supported by its Raiffeisen Investment network, the bank offers top class ECM and M&A advisory services. In addition, the bank offers exclusive and customised Private Banking services. Raiffeisen Centrobank is a 100% subsidiary of Raiffeisen Bank International AG.
For further information, please contact:
Henning von Stechow
T: + 43 (0) 1 515 20-760
E: stechow(at)rcb.at
Andrea Pelinka-Kinz
T: +43 (0) 1 51520-614
E: pelinka-kinz(at)rcb.at
