BNP Paribas Lease Group (BPLG) has extended its European vendor partnership with Case New Holland (CNH).
The latest agreement between the French lessor and the global agricultural and construction equipment manufacturer will cover the Belgian and Dutch markets.
The joint venture, CNH Capital Europe – which last year recorded €675 million of originations and has €1.2 billion of outstanding – now covers 7 countries, including Germany, Austria, France, Italy, and the United Kingdom.
Jean Olivié, head of international equipment and logistics solutions at BPLG, said: “CNH is a historical partner for BPLG. The extension of this partnership will enable us to apply in Belgium and the Netherlands a model which has already proved its success.
“The significant presence of BPLG in the Belgian and Dutch markets also represents an asset in the business development of CNH in these countries,” he said.
Daniel McTaggart, vice president of CNH Capital Europe, added: “Our partnership with BPLG has existed for 13 years, demonstrating the solid relationship that exists between our two groups.”