MOUNT LAUREL, N.J., July 8, 2013 (GLOBE NEWSWIRE) -- ARI®, a leading global fleet services provider specializing in complex car and truck fleets, is pleased to announce that it has acquired the fleet management segment of Fleetlevel+ Services GmbH's business holdings. The transaction is expected to close in August. The new company, which will be known as ARI Fleet Germany, supports ARI's continued development of a strong, strategic global footprint and will provide the company's clients with enhanced fleet management services and solutions in both the German market and in continental Europe.
"The acquisition of Fleetlevel+'s fleet management business supports ARI's on-going focus on developing a strong global platform to better serve the needs of our customers who are growing globally as well," said ARI President Carl A. Ortell. "The opportunity to expand into the German market and operate on the Continent will further enhance ARI's ability to deliver innovative, top-level fleet management services in the markets and the regions that best complement our customers' needs."
"This is a natural next step for ARI," said the company's Managing Director of Global Operations, Chris Conroy. "We have been providing fleet management solutions in the UK since December 2011, with foundational values of transparency, partnership, and innovation. We hope to leverage this new opportunity in Germany to provide services to both our existing multi-national customers and those with regional requirements in Europe. All of this will be supported by ARI's continued investment in people, processes, and technology."
The Stuttgart-based company offers a comprehensive range of fleet management services and will be supported by ARI's global network of industry professionals, the company's pioneering suite of fleet management solutions and its unmatched investment in technology and innovation.
About ARI®
ARI, part of the Holman Automotive Group, is a global vehicle fleet management organization that drives the best results for each of its clients' unique and complex needs by employing the industry's best fleet professionals, programs, and technology. With a workforce numbering more than 2,400 and offices throughout the United States, Canada, Mexico, Puerto Rico, Europe and the UK, ARI manages more than 952,000 fleet vehicles in North America and the UK, and combined with its strategic partners, more than 2 million fleet vehicles globally. A leader in the industry, ARI has been recognized as one of the "100 Best Companies to Work For" by FORTUNE magazine. ARI is headquartered in Mount Laurel, New Jersey.