DBK Rental – strategic cooperation between Europejski Fundusz Leasingowy and the DBK Group

Capital One Advisers was the exclusive financial and transaction adviser to Europejski Fundusz Leasingowy (EFL) in its acquisition of a 70% stake in Hama Polska, operating under the DBK Rental trademark. The transaction was completed on May 29, 2020, following concentration approval issued by the European Commission.

As a result of the acquisition of a majority stake in Hama Polska, Europejski Fundusz Leasingowy became a strategic partner of the DBK Group, the existing owner of Hama Polska. The agreement initiating the acquisition of a 70% stake in HAMA Polska by EFL was signed on February 4, 2020.

The DBK Group is Poland’s largest provider of products and services to the TFL sector. The company has been operating in the Polish market since 2007, providing comprehensive and modern commercial vehicle rental services for the transportation industry. It offers solutions for companies looking for convenient and flexible methods to optimize fleet maintenance costs. The size of Hama Polska’s fleet in 2019 is more than 3,000 vehicles, and its balance sheet total amounted to nearly PLN 0.5 billion.

Europejski Fundusz Leasingowy, part of the Crédit Agricole Group, is one of the leaders in the movable asset leasing market in Poland. For several decades, the EFL Group has been providing financing services, supporting its clients with leasing, rental, loans, and factoring services. The EFL Group’s balance sheet total is around PLN 12 billion. In 2019, the Group financed assets with a total value of more than PLN 6.4 billion.

EFL’s acquisition of shares and recapitalization of Hama Polska (DBK Rental) provides for long-term cooperation between the parties. The establishment of a strategic partnership is a sign of their strong commitment to the further development of DBK Rental in the fast-growing market, thanks to, among other things, EFL’s financial support, maintenance services provided by the DBK Group, and the competence and experience of all participants in the transaction.

Transaction details: Europejski Fundusz Leasingowy: acquisition of 70% of Hama Polska