Mitsubishi Motors Corporation has acquired a 5% stake of fleet leasing company FleetPartners Group, as of June 19.
ASX-listed FleetPartners provides comprehensive fleet management services, mainly to corporate customers in Australia and New Zealand. It includes vehicle leasing and heavy commercial vehicle leasing.
“Australia is one of our core markets, and we have made this investment with the aim to further expand our sales channels and business opportunities in the country,” Mitsubishi Motors executive vice president Tatsuo Nakamura says.
“We look forward to working with FleetPartners to grow our businesses.”
FleetPartners confirmed that that MMC was the “strategic party” referenced for a minority equity interest in the ASX announcements released on May 8, 2023, November 13, 2023, and May 13, 2024.
