Ayvens Italia emerges from ALD Automotive and LeasePlan merger
Deal News | Mar 17, 2025 | Legal Community Italy
ALD Automotive Italia and LeasePlan Italia have completed a significant merger, resulting in the creation of Ayvens Italia, a new global player in sustainable mobility solutions. This strategic operation aims to consolidate the group's position in the vehicle rental, car sharing, and mobility services sectors, enhancing its ability to provide innovative and sustainable solutions for both businesses and individuals. The legal advisors involved in facilitating this merger were BonelliErede, Baker McKenzie, and Herbert Smith Freehills, each contributing to various aspects of the integration process. BonelliErede, particularly, handled the labor aspects of the merger with their team, while Baker McKenzie and Herbert Smith Freehills advised on the selection of merger as the ideal mechanism for integration and on corporate aspects respectively.
Sectors
- Automotive
- Legal Advisory
Geography
- Italy – The merger involves ALD Automotive Italia and LeasePlan Italia, both operating within the Italian market.
Industry
- Automotive – The merger pertains to the automotive industry as it involves companies providing vehicle rental, mobility, and car-sharing services.
- Legal Advisory – Multiple law firms provided legal advisory services to facilitate the merger, crucial in structuring and overseeing legal aspects of the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ALD Automotive Italia | Target | Company | A key player in vehicle leasing and mobility services, involved in the merger to form Ayvens Italia. |
| LeasePlan Italia | Selling Company | Company | A company providing leasing services and involved in merging with ALD Automotive Italia. |
| Ayvens Italia | Bidding Company | Company | The new entity formed from the merger of ALD Automotive Italia and LeasePlan Italia, focusing on sustainable mobility. |
| BonelliErede | Legal Advisor | Company | Advised ALD Automotive Italia on labor aspects of the merger. |
| Baker McKenzie | Legal Advisor | Company | Provided legal advisory for selecting the merger as the ideal integration mechanism. |
| Herbert Smith Freehills | Legal Advisor | Company | Assisted with corporate aspects of the merger. |