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Arval In Talks to Acquire Athlon for €1 Billion

12/19/2025

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Summary

Story summary

Arval, a European leasing company owned by BNP Paribas, is in exclusive talks with Mercedes-Benz to acquire Athlon for about €1 billion.
The deal would add 400,000 vehicles to Arval's 1.9 million-vehicle fleet, creating a combined fleet of nearly 2.3 million.
BNP Paribas expects the transaction to strengthen Arval's European market position and its Mercedes-Benz partnership, with completion targeted in 2026 pending regulatory approvals.

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Story summary

Arval, a European leasing company owned by BNP Paribas, is in exclusive talks with Mercedes-Benz to acquire Athlon for about €1 billion.
The deal would add 400,000 vehicles to Arval's 1.9 million-vehicle fleet, creating a combined fleet of nearly 2.3 million.
BNP Paribas expects the transaction to strengthen Arval's European market position and its Mercedes-Benz partnership, with completion targeted in 2026 pending regulatory approvals.