Industry Consolidation in Fleet Management: What It Means for Corporates
The fleet management and leasing market is entering a new phase of consolidation, with large financial institutions and manufacturers reshaping their portfolios. According to Bloomberg, BNP Paribas is in advanced negotiations to acquire Athlon, the leasing subsidiary of Mercedes-Benz Group, in a deal that could be valued at around €1 billion ($1.2 billion). While discussions are ongoing and not yet final, the potential acquisition reflects a wider trend: providers are streamlining their offerings, and competition is shifting.