Adevinta’s Mobile.de takes over null-leasing.de from Hamburg
Munich/ Hamburg — Adevinta’s mobile.de GmbH (“mobile.de”), Germany’s largest vehicle marketplace, has acquired Null-Leasing DSB Deutschland GmbH (“Null-Leasing.com”), a provider of digital leasing services in Germany. The transaction will enable mobile.de to expand its offering and further extend its existing range of products and services. POELLATH advised mobile.de on this transaction.
mobile.de GmbH was founded in 1996 and now employs around 270 people in Germany. The company says it is Germany’s largest vehicle market for buying and selling vehicles, with around 1.5 million cars advertised and around 16.9 million individual users per month. The offer includes the entire range of new and used cars, commercial vehicles and motorcycles. As a “one-stop store,” mobile.de also offers financing and leasing solutions. mobile.de is a subsidiary of Adevinta, a Norwegian provider of online classifieds, which now operates digital marketplaces in 15 countries.
Founded in 2016 in Hamburg, Null-Leasing.com is one of the fastest growing online car leasing marketplaces for new and used cars in Germany. The acquisition of Null-Leasing.com expands mobile.de dealers’ access to clear and comprehensive leasing offers and enables them to better market their vehicles from leasing to financing to cash sales.
mobile.de consultants: POELLATH
Dr. Matthias Bruse, Photo (Partner, M&A, Private Equity, Munich)
Dr. Tim Junginger, LL.M. (Counsel, Lead Partner, M&A, Private Equity, Munich)
Christine Funk (Senior Associate, IP, Frankfurt)
Jonas Rohde (Associate, M&A, Private Equity, Munich)
Advisors Null-Leasing.com: Huth Dietrich Hahn from Hamburg
Oliver Förster and Dr. Gunnar Matschernus