News Detail

Sixt Leasing (Switzerland) AG executes full takeover of SXB Managed Mobility AG in Switzerland

• Acquisition of remaining 50% of joint venture with Swisscom subsidiary Business Fleet Management AG
• Further step in the internationalisation of the Fleet Management business segment

Pullach / Urdorf, 30 August 2016 - Sixt Leasing SE, one of the largest non-bank and manufacturer-independent full-service leasing companies in Germany, has acquired the remaining 50% interest in SXB Managed Mobility AG via its subsidiary Sixt Leasing (Schweiz) AG. SXB Managed Mobility, which has its headquarters in Urdorf (near Zurich) in Switzerland, is a fleet management specialist and was founded in April 2015 as an equal joint venture between Sixt Leasing (Schweiz) and Business Fleet Management AG, a 100% subsidiary of Swisscom. With the takeover, Sixt Leasing will be taking a further step in the internationalisation of its Fleet Management segment.

Following the acquisition, Swisscom will remain a customer of SXB Managed Mobility. The fleet specialist will thus continue to manage the Swiss telecommunications company's fleet of approx. 3,200 vehicles. SXB Managed Mobility acts as an expert contact point for all questions relating to fleet management and fleet optimisation. It supports both small and medium enterprises as well as major international corporate groups.

Rudolf Rizzoli, CEO of Sixt Leasing SE: "With the complete takeover of SBX Managed Mobility, we are driving forward internationalisation in the fleet management segment in a manner that conforms with our strategy and strengthening our corporate hold on the Swiss market. As a mobility partner, we will provide comprehensive support to our customers and advise them on optimising their fleet, such as in terms of saving costs, improving their processes and reducing CO₂ emissions. I am pleased that we will continue to work closely with Swisscom."

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About Sixt Leasing
Sixt Leasing SE (WKN: A0DPRE / ISIN: DE000A0DPRE6) has its registered offices in Pullach near Munich. For about 50 years the Company has been one of the leading German mobility service providers. In addition, it is represented in further Western European countries and through strong franchise partners in around 35 countries worldwide. Sixt Leasing offers comprehensive services in its business fields Fleet Leasing, Fleet Management and Online Retail (private and commercial customer leasing).
In its Fleet Leasing business field the Company develops tailored full-service leasing solutions for corporate customers. It optimises their fleets' total cost of ownership over the long term and independent of manufacturer interests. Through its subsidiary Sixt Mobility Consulting GmbH, the Fleet Management business field offers this expertise also to customers who bought or leased their vehicles from a third party. For private and commercial customers Sixt Leasing developed the online platform www.sixt-neuwagen.de. The innovative website provides the means to configure the latest vehicle models from over 30 different car manufacturers and obtain an individual leasing offer. Customers thereby benefit from Sixt Leasing's expertise and economies of scale when buying their vehicle in the form of attractive conditions and additional services.
Since 7 May 2015 the shares of Sixt Leasing SE are traded on the Prime Standard Segment of the Frankfurt Stock Exchange. In 2015 the Group generated revenues of EUR 665 million.
www.sixt-leasing.com

Contact:
Sixt Leasing SE
Corporate Communications
Frank Elsner / Frank Paschen
Tel.: +49 (0) 89 / 99 24 96 - 30
Fax: +49 (0) 89 / 99 24 96 - 32
E-Mail: [email protected]