Following successful approval by the supervisory authorities, Crédit Agricole Leasing & Factoring (CAL&F) is acquiring 100 percent of the shares in Merca Leasing GmbH & Co. KG.
Based in Kronberg, the company has been a reliable partner to German industry for over three decades. The transaction is in line with the growth strategy of CAL&F and will enable the company to significantly accelerate its expansion in the dynamic German leasing market.
As part of the integration, Martin Stange, currently Deputy Branch Manager of CAL&F Germany and responsible for the leasing business, and Andreas Werner, previously CEO of Merca Leasing, will jointly take over the management of the company. As General Manager, Martin Stange will be responsible for the front office, while Andreas Werner will be in charge of the back office.
You can find the entire (German) press release here:
Acquisition completed: Merca Leasing GmbH becomes part of Crédit Agricole Leasing u0026 Factoring