Clifford Chance advised BNP Paribas on the exclusive negotiations between Arval and Mercedes-Benz Group for Arval’s proposed acquisition of 100% of Athlon.
If completed, Arval + Athlon would create a combined fleet of ~2.3 million vehicles in full-service leasing (vs. ~2.6 million for the current market leader), strengthening Arval’s position in key markets and making it a European co-leader.
The contemplated transaction remains subject to employee information/consultation processes and competent authority approvals, with completion expected in 2026.
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Mercedes-Benz Group advisor
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Clifford Chance advises BNP Paribas and Arval on acquisition of Athlon from Mercedes-Benz Group | The Sponsor - The Sponsor