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Arval completes acquisition of Athlon, creating Europe's co-leader in long-term vehicle leasing with 2.3M vehicles.

Company Fundamentals
31 Jul 2026
Bnp Paribas
View Source
Bullish
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Arval, a major player in long-term vehicle leasing and mobility solutions, has finalized its acquisition of Athlon, formerly part of Mercedes-Benz Group. This deal creates a combined fleet of 2.3 million vehicles, making Arval and Athlon the co-leaders in the European long-term vehicle leasing market. The acquisition is expected to yield an 18% return on invested capital and add approximately €200 million to BNP Paribas Group's net income by the third year. The transaction aligns with BNP Paribas' strategy to grow profitable platforms in expanding markets and improve the Group's profitability profile through targeted growth initiatives. Further details on Arval/Athlon's trajectory will be shared in a dedicated report in the first half of 2027.

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Arval completes acquisition of Athlon, creating Europe's co-leader in long-term vehicle leasing.

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