De Lage Landen (DLL), a global vendor finance company, has entered into a partnership with Mitsubishi Logisnext Europe (MLE), part of Mitsubishi Logisnext (ML), a provider of logistics and materials handling.
The collaboration will adopt the name Logisnext Financial Services.
Mitsubishi Logisnext Europe was created in April 2020, as a result of the integration of Mitsubishi Caterpillar Forklift Europe (MCFE) and UniCarriers Europe and has a multi-brand strategy with brands such as Mitsubishi Forklift Trucks, Cat Lift Trucks, TCM, UniCarriers and Rocla AGV.
Mike Kinka, head of program management construction, transportation & industrial global business unit at DLL, said: “DLL already had a close relationship with MCFE in the past. This, in combination with the experience of DLL in the materials handling market, will bring the new cooperation with the merged brands to the next level.”
Ulf Berg, vice-president of dealer sales at MLE, said: “With DLL we have the right financial match for us and our distribution network to keep developing our business with customised financial tools for each market.“
“We are preparing the launch of very exciting new products and the cooperation with DLL will ensure that gradually, we make these forklifts available for demos in each market in Europe,” said Ulf Berg.
“We recognise the expertise and experience that DLL can offer to us and our partners. DLL can help us reach out to new customers, new segments, and new markets with their extensive product portfolio. And knowing that DLL has been working with our partners for some years in key countries assures us that we have the perfect financial party at our side.”
The finance program will be launched to Mitsubishi Logisnext Europe dealers in the coming months. The dealers will be supported by the Logisnext Financial Services team to ensure successful implementation locally.
Mitsubishi Logisnext Europe (MLE) is headquartered in Almere, the Netherlands and covers Europe, CIS, the Middle East and Africa. MLE is part of the global Mitsubishi Logisnext Co. Ltd (ML) based in Kyoto, Japan.