We are pleased to inform you about the merger of two leading family-owned businesses in the Netherlands; Terberg Leasing (a subsidiary of the Terberg Group) and Business Lease Nederland (a subsidiary of the AutoBinck Group) on 3 January 2019.
The new business will be called Terberg Business Lease Group B.V.
The merger will create a strong company which will be in an excellent position to respond to changes in society, by offering the right products and services under its three trading names: Terberg Business Lease, Privatelease.com and Justlease. As a result of the merger the Terberg Business Lease Group has a fleet of 46,500 vehicles.
Terberg Leasing and Business Lease Nederland each have many years of experience in the industry. Both companies have an entrepreneurial spirit and are rooted in the Utrecht region.
Given their shared vision of developments in the leasing market, this merger has resulted in a strong company which will enjoy benefits of scale. The Business Lease operations in Central Europe will continue to operate independently, as part of the AutoBinck Group.
Mobility is currently the subject of much discussion in society. This development affects us all. Competition no longer just refers to other leasing companies, but also to different ideas about mobility which may lead to car ownership becoming less relevant.
Additionally, although society values sustainability, individuals still want mobility with or without a car. Digital processes are important to this, and the Terberg Business Lease Group has made significant investments in this area.
As a leasing business we welcome these changes. We are about mobility, car-based or otherwise. As family businesses we focus on sustainability because we are aware of our responsibility to future generations. Both companies have taken their responsibilities seriously for over 100 years, and will continue to do so in future.
Rogier van Ewijk
General Manager Terberg Business Lease Group B.V.