Athlon sells Swiss leasing fleet to Arval
28 January 2022 – Daimler Group (ETR:DAI), through its subsidiary group Athlon, a leading European provider of vehicle leasing and fleet management with responsibility for over 400,000 vehicles in Europe, sold the entire Swiss full-service leasing fleet of Athlon Switzerland AG to Arval (Switzerland) AG.
Arval, which is part of the BNP Paribas Group, operates worldwide and maintains more than 1,400,000 leased vehicles with over 7,200 employees.
Walder Wyss advised Daimler on all legal aspects of the transaction. The Walder Wyss team was co-led by Boris Räber (Managing Associate, Corporate/M&A) and Markus Vischer (Partner, Corporate/M&A) and further included Urs Hofer (Counsel, Banking&Finance), Sebastian Wyler (Associate, Corporate/M&A), Maurus Winzap (Partner, Tax), Jan Ole Luuk (Counsel, Tax) and Ursina Gremminger (Managing Associate, Tax).