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.
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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.”
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