Fortis Lease has signed an agreement under which Fortis Lease will acquire 100% of DIL France S.A., in Paris, from Deutsche Immobilien Leasing GmbH (DIL) in a cash transaction valued at approximately Ђ30 million.
Karel De Boeck, CEO of Fortis Network Banking said: "This acquisition fits in perfectly with Fortis Lease's strategy to increase its position on the European leasing market. It will give Fortis Lease access to the promising French market for real estate leasing, in a region that is known for its dynamism and high growth potential, especially in the real estate sector. We are pleased to retain within Fortis the team of nine professionals that has been responsible for the success of DIL France."