Mercedes-Benz Sells Its European Leasing Subsidiary Athlon to BNP Paribas
Mercedes-Benz has agreed to sell its European leasing subsidiary Athlon to BNP Paribas, expected to close in the second half of 2026. The deal could generate up to €1 billion in liquidity for Mercedes, allowing it to focus on core operations. BNP Paribas aims to strengthen its fleet management business by combining Athlon with its existing Arval platform.
Topics: acquisition automotive industry BNP Paribas corporate restructuring leasing arm Mercedes-Benz