ARQIS advises SchneiderGolling Beteiligungen on the sale of Flottenmeister GmbH to Sixt
ARQIS advises SchneiderGolling Beteiligungen on the sale of Flottenmeister GmbH to Sixt
28. October 2019
ARQIS has advised SchneiderGolling Südholding GmbH, a holding company of the SchneiderGolling Group, on the sale of Flottenmeister GmbH. The buyer is Sixt Mobility Consulting GmbH, one of the leading providers of fleet and mobility budget management in Europe.
The parties have agreed not to disclose the purchase price or other details of the transaction.
Flottenmeister GmbH is an independent fleet manager headquartered in Pullach near Munich, which manages more than 7,000 company vehicles at the end of September 2019. With this acquisition, Sixt Mobility Consulting is further expanding its market position in Germany and increasing its contract portfolio in Europe to over 50,000 contracts, an increase of more than 15 percent.
Michael Ruhl, CEO of Sixt Leasing SE, sole shareholder of Sixt Mobility Consulting GmbH: “The acquisition of Flottenmeister is a further step in the consistent implementation of our strategy program ‘DRIVE>2021’ and a sensible building block to achieve our growth targets. The geographical proximity and the overlapping of services will help us to integrate Flottenmeister GmbH. In addition to volume growth, we also expect positive synergy effects from the takeover.”
Sixt Mobility Consulting GmbH is one of the leading independent providers of fleet and mobility budget management in Europe and a wholly-owned subsidiary of Sixt Leasing SE. SMC advises corporate customers with a fleet size of 150 vehicles or more on efficient fleet management and provides all fleet management services for cars and vans with innovative IT solutions and high-performance customer care teams.
The team around Dr. Jörn-Christian Schulze has been advising the Schneider-Golling Group on stock corporation law and in connection with its venture capital and investment business for many years.
Advisors to SchneiderGolling Südholding
ARQIS Rechtsanwälte (Düsseldorf): « Dr. Jörn-Christian Schulze » (Lead; Corporate/M&A); Associates: Carolin Schlütter-Lückel, Elisabeth Falterer (Munich) and Dr. Maximilian Backhaus (all Corporate/M&A).