29 Oct 19
News

Hitachi Capital invests in Mobility Mixx and acquires Mobilease in Belgium

Leasing and business finance specialist Hitachi Capital has realised a double business acquisition. The company has taken a major step towards becoming a mobility as a service (MaaS) supplier with the acquisition of 49% of the Dutch business Mobility Mixx from ARS Traffic & Transport Technology, and via it's Dutch subsidiary Hitachi Mobility Lease it becomes the owner of Belgian leasing company Mobilease. 

The purchase of almost half the shareholding of Mobility Mixx takes Hitachi into the MaaS arena in the Netherlands, where Mobility Mixx’s SmartCard and smartphone app give customers access to integrated and aggregated modes of transport, including car rental, car sharing, taxis, electric bikes and scooters, trains and trams. 

Mobility Mixx was formerly a subsidiary of LeasePlan, before being acquired by ARS Traffic & Transport Technology last year. The MaaS specialist also works with private and public sector clients to deliver mobility budgets to staff, reward programmes to influence travel choices, and reporting modules to track and monitor travel spend.

Expanding as mobility operator
Simon Oliphant (pictured), Head of Mobility Solutions Business Division, Hitachi Capital, said: “The Dutch Mobility market is the most developed in Europe and is rapidly expanding. Working closely with ARS, Hitachi Capital will provide Mobility Mixx with the funding and support to develop their market leading proposition. In turn we can combine their suite of MaaS products with our existing services and establish a market leading position in the Mobility Services arena, initially in the Netherlands and then longer term to all of our customers across Europe.”

Hitachi Capital’s long term strategy is to establish scale in Europe and to evolve from being a predominantly full service leasing company to become a mobility operator. The acquisition of Mobilease in Belgium fits perfectly. Next to full service leasing, the Belgian company also offers a MaaS solution via Mobi360, offering the customer the opportunity to combine the company car with other transport modes including public transport and bikes. 

With these acquisitions Hitachi Capital expands its European footprint with presence in Austria, Belgium, Germany, Netherlands, Poland and the UK.

 

 

Authored by: Jonathan Manning