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Advance Capital is pleased to announce the sale of the Russian business of DLL Group, one of the world’s largest international leasing companies, formerly known as De Lage Landen until 2014. The buyer was FC Management, a company owned by the local management team of DLL Group in Russia.

DLL Group is a global financial company with equity capital exceeding EUR 35 billion and operations in more than 25 countries. The company provides asset-backed financing solutions across a wide range of industries and is a wholly owned subsidiary of Rabobank. The core focus of the Russian business was equipment leasing, primarily serving the agricultural and construction sectors. The company’s revenue exceeded RUB 13 billion in 2021.

Maxim Uryash, Partner and Executive Director at Advance Capital:

“We believe this deal became one of the landmark transactions on the Russian leasing market in 2022. Transferring the Russian business to the management team will not only preserve best-in-class management practices and the existing team, but will also enable dynamic development across new business lines and sectors.”

Advance Capital acted as the exclusive financial advisor to the management of DLL Group.

The deal value is not disclosed.