SG Equipment Finance (SGEF) posted new
business of €8.5bn last year, compared with €10.3bn in 2008.
The French lessor, with a network that
covers 25 countries, said it increased market shares in specific
markets and managed to offset the impact of the financial crisis
“by offering new services and improving operational
By asset type, commercial vehicles and
IT equipment were the top assets for the leasing company, with
about 20% each. SGEF said it signed key vendor partnerships and
increased its business in Brazil and China during 2009.
By the end of 2009, the volume of
managed assets had grown to €23bn.