DBK Rental – strategic partnership between Europejski Fundusz Leasingowy and DBK Group29-05-2020
Capital One Advisers acted as the sole buy-side M&A advisor in the acquisition of 70% of shares of Hama Polska, which operates under the DBK Rental trademark, by Europejski Fundusz Leasingowy S.A. (EFL). The transaction was finalized and closed on 29 May 2020, having gained concentration clearance from the European Commission.
As a result of Hama Polska majority stake acquisition, EFL has become a strategic partner of DBK Group, the former sole owner of Hama Polska. The agreement which initiated the acquisition process was signed on 04 April 2020.
DBK Group is Poland’s biggest supplier of products and services for the TFL sector. It has operated on the Polish market since 2007, providing comprehensive and modern services of commercial vehicle rental for the transportation industry. It offers solutions for companies which seek convenient and flexible optimization methods for their overall fleet maintenance costs. The 2019 fleet size of Hama Polska was over 3,000 vehicles, while its balance sheet total was nearly PLN 0,5 billion.
Europejski Fundusz Leasingowy S.A., which belongs to Crédit Agricole Group, is one of the leaders of the leasing market in Poland. For over 28 years, the EFL Group has provided its customers with financing services, assisting them with leasing, rental, loan and factoring solutions. The balance sheet total of the EFL Group is about PLN 12 billion, in 2019 the Group financed assets of a total value of over PLN 6.4 billion.
The share acquisition and new equity injection in Hama Polska (DBK Rental) by EFL has set grounds for a long-term cooperation between EFL and DBK Group. This strategic partnership proves the parties’ strong commitment to supporting further growth of DBK Rental on its rapidly developing market, thanks to financial support from the EFL Group, maintenance services provided by DBK, and the competence and experience of all parties involved