ALD Automotive Group and its North American partner Wheels Inc. have signed a partnership with South African-based company Absa Vehicle Management Solutions (Pty) Ltd (AVMS) that will allow them to assist clients in 46 countries*.
AVMS is a leading fleet management service provider in South Africa and is part of Absa Bank Limited (Absa Bank), a wholly-owned subsidiary of the Barclays Africa Group Limited. The agreement with ALD Automotive and Wheels will provide extended support to international clients with operations in South Africa.
With its network of partners in Australia and New Zealand (Fleet Partners), in Ireland (J&P) and in South Africa (Absa), the association of ALD Automotive and Wheels offers the best geographical coverage available in the fleet management industry, representing over 1.5 million vehicles worldwide.
*Algeria, Australia (through FleetPartners), Austria, Belarus, Belgium, Brazil, Bulgaria, Canada, China, Czech Republic, Croatia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, India, Ireland (through Johnson & Perrott), Italy, Kazakhstan, Latvia, Lithuania, Luxembourg, Mexico, Morocco, Netherlands, New Zealand (through FleetPartners), Norway, Poland, Puerto Rico, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Turkey, UK, Ukraine, USA
Societe Generale
Societe Generale is one of the largest European financial services groups. Based on a diversified universal banking model, the Group combines financial solidity with a strategy of sustainable growth, and aims to be the reference for relationship banking, recognised on its markets, close to clients, chosen for the quality and commitment of its teams.
Societe Generale has been playing a vital role in the economy for 150 years. With more than 148,000 employees, based in 76 countries, we accompany 32 million clients throughout the world on a daily basis. Societe Generale’s teams offer advice and services to individual, corporate and institutional customers in three core businesses:
- Retail banking in France with the Societe Generale branch network, Credit du Nord and Boursorama, offering a comprehensive range of multichannel financial services on the leading edge of digital innovation;
- International retail banking, financial services and insurance with a presence in emerging economies and leading specialised businesses;
- Corporate and investment banking, private banking, asset management and securities services, with recognised expertise, top international rankings and integrated solutions.
Societe Generale is included in the main socially responsible investment indices: FTSE4Good (Global and Europe), Euronext Vigeo (Global, Europe, Eurozone and France), ESI Excellence (Europe) from Ethibel and 4 of the STOXX ESG Leaders indices.
For more information, you can follow @societegenerale on twitter or visit www.societegenerale.com.
ALD Automotive
ALD Automotive is the operational leasing and fleet management business line of the Societe Generale group. ALD Automotive is one of the largest providers in Europe and a company of reference on its market:
- Operates in 39 countries,
- Employs 4,800 persons,
- Manages over 1,070,000 vehicles (at 30th June 2014).
Combining professionalism and quality of services provides companies with value-added integrated solutions at both national and international levels.
www.aldautomotive.com
Wheels, Inc.
Wheels, Inc. (www.wheels.com), which pioneered the concept of auto leasing in 1939, provides a full range of specialized services to help corporations manage their vehicle fleets. Wheels manages more than 300,000 vehicles in North America. Its holding company, Frank Consolidated Enterprises, is a $2 billion company that currently ranks as the largest privately held fleet management company and one of the largest private companies in North America.
For additional information, contactinfo@wheels.com.
Barclays Africa Group
Barclays Africa Group Limited (Barclays Africa or the Group), is listed on the JSE Limited and is one of Africa’s largest financial services groups. We are uniquely positioned as a fully global, fully regional and fully local bank. We combine our global product knowledge with regional expertise and our extensive and well-established local presence in Africa to serve our customers and clients even better. We offer personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.
Our Group was formed by combining Absa Group Limited and the majority of Barclays Africa operations on 31 July 2013. Reflecting the enlarged Group’s Pan-African focus, our name changed from Absa Group Limited to Barclays Africa Group Limited on 2 August 2013. At 30 June 2014, we had 847,8 million shares in issue and a market capitalisation of R136,9 billion. We operate in 12 countries and have 12 million customers, total assets of R977,8 billion; 10 749 automated teller machines, 1 287 branches and more than 42 000 permanent employees.
Our registered head office is in Johannesburg, South Africa and we have majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Barclays Bank Tanzania and National Bank of Commerce), Uganda and Zambia. We also have representative offices in Namibia and Nigeria. Our bancassurance operations are in Botswana, Mozambique, South Africa and Zambia. Barclays Bank Kenya and Barclays Bank Botswana continue to be listed on their respective stock exchanges. In addition to the entities listed in this legal structure, Barclays Bank PLC has operations in Egypt and Zimbabwe which are an integral part of our African business and continue to be run by Barclays Africa operationally.