Mt. Laurel, N.J.—July 8, 2013—Global fleet services provider ARI, which specializes in complex car and truck fleets, acquired the fleet management segment of Fleetlevel+ Services GmbH’s business holdings.
The new company, which will be known as ARI Fleet Germany, will provide the company’s clients with enhanced fleet management services and solutions in both the German market and in continental Europe.
“The acquisition of Fleetlevel+’s fleet management business supports ARI’s on-going focus on developing a strong global platform to better serve the needs of our customers who are growing globally as well,” said Carl A. Ortell, President, ARI. “The opportunity to expand into the German market and operate on the Continent will further enhance ARI’s ability to deliver innovative, top-level fleet management services in the markets and the regions that best complement our customers’ needs.”
The Stuttgart-based company offers a comprehensive range of fleet management services and will be supported by ARI’s global network of industry professionals; and its suite of fleet management solutions.
“This is a natural next step for ARI,” said Chris Conroy, Managing Director of Global Operations, ARI. “We have been providing fleet management solutions in the UK since December 2011, with foundational values of transparency, partnership and innovation. We hope to leverage this new opportunity in Germany to provide services to both our existing multi-national customers and those with regional requirements in Europe. All of this will be supported by ARI’s continued investment in people, processes, and technology.”
The transaction is expected to close in August.