LeasePlan Corporation says it plans to expand its North American service offering to include Canada in January 2014. LeasePlan and the Canadian fleet management company Foss National Leasing Ltd. (FNL) have entered into a licensing agreement whereby FNL will operate its newly formed subsidiary LeasePlan Canada.
With this new agreement and formation of the new company, LeasePlan’s North American entities will consist of LeasePlan USA, LeasePlan Mexico and, in 2014, LeasePlan Canada.
LeasePlan currently manages over 1.3 million vehicles and provides fleet management services in 31 countries. The ability to have a comprehensive North American solution in place solidifies LeasePlan’s position as a global leader for fleet management and driver mobility.
Karen Foss, chief executive officer of Foss National Leasing said that “LeasePlan has a proven track record of expanding into new markets and growing to market-leading positions. LeasePlan Canada will provide innovative products, value for money and superior service to meet the needs of multinational clients, especially those with a presence across North America.”
The Foss National Leasing brand and operation will continue to service the domestic Canadian fleet management market as it has for close to 50 years. Jeff Hartley will serve as president of both Foss National Leasing and LeasePlan Canada.
