Fortis finalises the acquisition of Innotrade Leasing Rt. And Takleasing Rt. in Hungary
Brussels/Utrecht/Budapest, 8 August 2006, Fortis is pleased to confirm, following the announcement made on 24 February 2006, that it has finalised the acquisition of the two Hungarian sister leasing companies, Innotrade Leasing Rt. and Takleasing Rt.
Both companies have been renamed respectively Fortis Lease Hungaria and Fortis Lease Hungaria Real Estate Finance Lease. Philippe Delva, CEO of Fortis Lease Group and now also a member of Fortis Lease Hungaria’s Supervisory Board commented: ‘The closing of these acquisitions marks a significant milestone for Fortis Lease Group, as it adds a promising market to our European network and enables us to provide our customers in Hungary with a complete product offering, as well as the advantages of our network of nearly 120 Business Centres across Europe.’
Fortis Lease Hungaria and Fortis Lease Hungaria Real Estate Finance Lease will keep operating from their head offices in Budapest as well as their sales offices in Pécs (southern Hungary) and in Győr (western Hungary).
Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners.
With a market capitalisation of EUR 36.2 billion (31/07/2006), Fortis ranks among the twenty largest financial institutions in Europe. Our sound solvency position, our presence in 50 countries and our dedicated, professional workforce of 58,000 enable us to combine global strength with local flexibility and provide our clients with optimum support. More information is available on www.fortis.com
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