Lohr Finance launched in Europe
De Lage Landen B.V. and Lohr Group jointly announce today the launch of Lohr Finance, a new private label program in Europe.
The Pan European Corporation Agreement was signed at Lohr’s headquarter in Alsace, France on 21st May. Focusing initially on the company’s car carrier vehicles, Lohr Finance will be launched in France, Spain, Germany and Poland simultaneously with plans for expansion in the future to the other product categories of the Lohr Group.
“The establishment of this agreement is an important step for both companies in our mutual desire to grow in the global transportation sector”, comments Simon Davies, President Global Business Unit Trucks and Trailers, De Lage Landen.
“This partnership with DLL, major actor of Business to Business financing and its long term experience in the transport market, creates new and exciting opportunities for our company”, adds Robert Lohr, Founder and President of Lohr Group, the French industrial manufacturing group.
De Lage Landen International B.V.
De Lage Landen is a global provider of high-quality asset-based financing products. The company, headquartered in Eindhoven (the Netherlands), is a wholly owned subsidiary of the Dutch Rabobank Group, which is Triple-A rated by the major rating agencies Moody’s and Standard & Poor’s.
With offices and joint ventures in more than 30 countries worldwide, De Lage Landen specializes in asset financing and vendor finance programs on a worldwide scale. The global offering also includes an array of commercial finance solutions. The company focuses on the following industries: Food & Agriculture, Healthcare, Office Equipment, Technology Finance, Financial Institutions, Trucks & Trailers and Materials Handling. De Lage Landen also offers private-label leasing programs for the Banking industry, and delivers a broad range of financial services to leasing organizations and non-banking financial institutions.
In the Netherlands, De Lage Landen offers a broad range of financing products, both through local Rabobanks and directly to the market. These products include Equipment Leasing, Car and Commercial Vehicle Leasing, ICT Leasing, Consumer Finance and Trade Finance.
Athlon Car Lease International became part of De Lage Landen Group in 2006. Athlon Car Lease International is an international provider of operational car leasing, active in six European countries. In 2007 De Lage Landen grew its net profit to €234 million ($321 million) and its lease portfolio to €20.7 billion ($30.5 billion). By year end 2007, De Lage Landen had 4,735 employees.
Lohr Group
LOHR Industrie is a French private group based in Alsace near Strasbourg, world specialist since 45 years in the design and production of transport systems of goods and persons, with four activities:
Car-carrier
Lohr historical activity, world leader. The R&D department innovates to increase the transport capacity, the performances and the quality of its products. Its industrial development Is based on an accurate technological research and resources for a worldwide international demand. A few years ago, the Eurolohr concept has been developed, which became the main car carrier product of the company. Lohr is the world leader in this field.
Logistic defence transport
Acting as the defence department of the group, Soframe took over the military activities since 2000. The company has human and technical competences which granted a high international reputation in special vehicles such as light airborne vehicles, logistic transport, tank transporters, bridging equipments, special shelters and stabilized platforms for weapon systems. These products enable Soframe to participate the large defense programs in cooperation with the largest European defence companies.
Public transport
Lohr has developed Translohr, the new generation of tramways on tires.
7 cities have already chosen Translohr:
3 are under commercial operation: Clermont Ferrand in France, Padua in Italy and Tianjin in China.
2 are under works: L’Aquila in Italy (scheduled for 2010) and Mestre – Venice (forecasted for 2009).
2 recent contracts have been signed : RATP for its first tramway on tires line (St Denis in the North part of Paris) and Shanghai in China.
Modalohr (rail-road)
The saturation of the communication means and the inevitable traffic clogging led Lohr to be interested in developing new transport alternatives and designing a new product, MODALOHR. A combined rail-road wagon.
This low-floor articulated railway wagon, allows the quick, safe and economical transhipment of standard semi-trailers from the road to the rail. The system is adapted to the existing railway infrastructures and without constraint for the users.
A first railway line has been under commercial operation since 2003 between France and Italy. A second line was inaugurated in March 2007 between France (Spanish border) and Luxembourg. Many other projects are under study in all Europe with the objective to connect them, and offer a full European rail-road multimodal network, allowing the traffic of 38 ton semi-trailers. For more information, please visit our website: www.lohr.fr
