Mitsubishi UFJ Lease & Finance Company Limited’s $1 Billion multi-faceted business alliance with The Greenbrier Companies

DLA Piper and Mori Hamada & Matsumoto advised on the transaction.

ALD, an auto lease company operating as a subsidiary of Société Générale, completed the formation of a joint venture with Mitsubishi UFJ Lease & Finance Company Limited (MUL) that will establish multi-brand, full service operational leasing and fleet management business with related mobility products for corporate clients in Malaysia.

The joint venture will be responsible for developing the business through a combination of both respective client bases, industry expertise, local knowledge and financial strength which are expected to provide a key advantage to successfully develop and serve international and local clients.

The joint venture is part of a joint South East Asian strategy and it is expected that both groups will follow this initial launch with further joint ventures over the coming years to cover the main countries in the region.

ALD is currently present in Asia through its subsidiary in India, where it has been providing full service leasing and fleet management services for over a decade. At end December 2019, ALD’s total fleet amounted to 1.76 million vehicles managed worldwide with an unparalleled direct presence in 43 countries.

The joint venture subsidiary in Malaysia between ALD and MUL is expected be incorporated in Q2, 2020 subject to any merger clearances required.

DLA Piper advised Société Générale with a team led by partner Paris-based Corporate partner Sonia de Kondserovsky (Picture), who was supported by associates Natalia Li and Marie-Charlotte Le Floch Mevel.Litigation & Regulatory partner Edouard Sarrazin and counsel Céline Espesson advised on the competition law aspects of the transaction.

Mori Hamada & Matsumoto advised MUL with a team led by Hideaki Umetsu and included associates Aki Tanaka and Takeharu Sonomoto (all corporate). Partner Tomoya Fujita and associate Yusuke Ueda, advised on competition law aspects.

Involved fees earner: Sonia de Kondserovsky – DLA Piper; Laure Deron – DLA Piper; Karine Disdier-Mikus – DLA Piper; Céline Espesson – DLA Piper; Natalia Li – DLA Piper; Héloise Miereanu – DLA Piper; Edouard Sarrazin – DLA Piper; Tomoya Fujita – Mori Hamada & Matsumoto; Takeharu Sonomoto – Mori Hamada & Matsumoto; Aki Tanaka – Mori Hamada & Matsumoto; Yusuke Ueda – Mori Hamada & Matsumoto; Hideaki Umetsu – Mori Hamada & Matsumoto;

Law Firms: DLA Piper; Mori Hamada & Matsumoto;

Clients: Mitsubishi UFJ Lease & Finance Company Limited; Société Générale;

DLA Piper and Mori Hamada & Matsumoto advised on the transaction.

ALD, an auto lease company operating as a subsidiary of Société Générale, completed the formation of a joint venture with Mitsubishi UFJ Lease & Finance Company Limited (MUL) that will establish multi-brand, full service operational leasing and fleet management business with related mobility products for corporate clients in Malaysia.

The joint venture will be responsible for developing the business through a combination of both respective client bases, industry expertise, local knowledge and financial strength which are expected to provide a key advantage to successfully develop and serve international and local clients.

The joint venture is part of a joint South East Asian strategy and it is expected that both groups will follow this initial launch with further joint ventures over the coming years to cover the main countries in the region.

ALD is currently present in Asia through its subsidiary in India, where it has been providing full service leasing and fleet management services for over a decade. At end December 2019, ALD’s total fleet amounted to 1.76 million vehicles managed worldwide with an unparalleled direct presence in 43 countries.

The joint venture subsidiary in Malaysia between ALD and MUL is expected be incorporated in Q2, 2020 subject to any merger clearances required.

DLA Piper advised Société Générale with a team led by partner Paris-based Corporate partner Sonia de Kondserovsky (Picture), who was supported by associates Natalia Li and Marie-Charlotte Le Floch Mevel.Litigation & Regulatory partner Edouard Sarrazin and counsel Céline Espesson advised on the competition law aspects of the transaction.

Mori Hamada & Matsumoto advised MUL with a team led by Hideaki Umetsu and included associates Aki Tanaka and Takeharu Sonomoto (all corporate). Partner Tomoya Fujita and associate Yusuke Ueda, advised on competition law aspects.

Involved fees earner: Sonia de Kondserovsky – DLA Piper; Laure Deron – DLA Piper; Karine Disdier-Mikus – DLA Piper; Céline Espesson – DLA Piper; Natalia Li – DLA Piper; Héloise Miereanu – DLA Piper; Edouard Sarrazin – DLA Piper; Tomoya Fujita – Mori Hamada & Matsumoto; Takeharu Sonomoto – Mori Hamada & Matsumoto; Aki Tanaka – Mori Hamada & Matsumoto; Yusuke Ueda – Mori Hamada & Matsumoto; Hideaki Umetsu – Mori Hamada & Matsumoto;

Law Firms: DLA Piper; Mori Hamada & Matsumoto;

Clients: Mitsubishi UFJ Lease & Finance Company Limited; Société Générale;

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Author: Ambrogio Visconti