FCA Bank, through its subsidiary Leasys, finalizes the acquisition of the Aixia Group in France

Fiat Chrysler Automobiles, in partnership with Credit Agricole Consumer Finance and through Leasys, continues to develop its highly successful mobility strategy in Europe

The AIXIA Group is one of the most dynamic short-term rental companies in France.
Leasys, FCA Bank’s subsidiary with operations in 8 European countries, is expanding its activities to include the short-term car rental sector and reach a total fleet of 450,000 vehicles, with over 1,200 Leasys Mobility Stores in the continent.

FCA Bank’s subsidiary Leasys confirms its ambitions to operate as a 360-degree mobility pioneer in Europe and reaches a new and important milestone with the acquisition of the AIXIA Group in France. The two groups finalized an agreement for the sale of 100% of the shares in the AIXIA Group to Leasys, which will be completed by the end of March.

The AIXIA Group is one of the most dynamic companies in the short-term rental sector in France with its two brands: RENT&DROP, for the one-way rental of commercial vehicles, and RENTIZ, for the short-term rental of premium segments, minibuses and microcars. The mobility system developed by AIXIA allows companies, professionals and private customers to manage all the aspects related to their short-term rentals, including online reservations and payments.

With the acquisition and the upcoming rebranding of the AIXIA Group, FCA Bank further expands its activities in the new mobility arena through Leasys – a market leader in Italy and one of the main rental and mobility operators in Europe – confirming its major role as a 360-degree mobility player also in France.
Leasys aims to consolidate its presence in the country (where it is already ranked in the Top 10 of the rental providers) and to expand its range of innovative products.





“The signing of this agreement continues to strengthen our role as 360-degree mobility leader in France and Europe” commented Giacomo Carelli, CEO of FCA Bank S.p.A. and Chairman of Leasys S.p.A. “The Aixia Group delivers excellence in short-term rental and will enable us, through Leasys, to play an even more important role as a global and integrated player in enabling new mobility – especially in hybrid and electric, thanks to the upcoming and renewed automotive range – expanding the fleet and the innovative services for its customer base”.

“The takeover by FCA Bank’s Leasys is a wonderful opportunity for the companies that make up the Aixia Group. It will give our teams new means to continue the work carried out since the group was formed, whether in terms of innovation, services or IT developments” commented Jean-Claude Facques, President and founder of the Aixia Group.

Active in France since June 2017, Leasys France (FCA Bank Group) has benefited from a twenty-year experience in long-term rental gained by FCA Fleet Services, its predecessor company. This debut was marked by the launch in the French market of BE FREE PRO, the innovative solution that disrupted mobility for the self-employed, through the creation of a complete offering at extremely competitive prices, without down-payments and most of all without penalties for early termination after 24 months of rental. Under the leadership of Country Manager Denis Vitellaro, Leasys France grew by 10% last year.

Already active in 8 European countries (10 by the end of 2020) in the long-term rental and integrated mobility sector, Leasys, a subsidiary of FCA Bank, also provides short and medium-term car rental services in Italy and, as of today, in France. It intends to be operational in this segment in at least 5 European markets by 2021, with a total fleet of 450,000 vehicles, up from approximately 300,000 now. The company will open 800 new Leasys Mobility Stores by 2021, growing from over 300 already open in Italy to 1,200 throughout Europe. The Leasys Mobility Stores provide a full range of mobility services and an extensive network of EV charging stations to support the electrification of Fiat Chrysler Automobiles’ products.

02.03.2020

Download news