#Canada #Montreal #Holand Automotive Group #Ultra-Luxury Leasing #John Scotti Leasing

Holand Automotive Group Enhances Luxury Car Leasing Services

Holand Automotive Group, a leading name in the Canadian automotive industry, recently announced a significant development regarding its leasing services focused on ultra-luxury vehicles. In an effort to strengthen its position in the market, the company has successfully completed a strategic acquisition of selected assets from John Scotti Leasing Inc. The acquisition, which was part of a court-supervised bankruptcy process, is aimed at enriching Holand's offerings for the most discerning clientele in Quebec.

Strategic Acquisition Details

The acquisition comes in line with Holand's mission to cater to the high-end market segment. Instead of taking over the entire portfolio, the company worked closely with the bankruptcy trustee to identify and acquire specific leasing contracts that align with its business model and client profile. This careful selection process has allowed Holand to enrich its leasing portfolio effectively, bringing immediate benefits to both its clientele and the overall Group.

Gad Bitton, President and CEO of Holand Automotive Group, expressed great pride in welcoming new customers to the Holand family through this transaction. He emphasized that this acquisition reflects the Group's belief in the potential of the ultra-luxury segment and underscores their commitment to providing services with flexibility and discretion that high-end clients expect. He stated, “Our goal is clear – to collaborate closely with new clients while respecting their existing agreements and ensuring continuity of service, while also enhancing and expanding the portfolio together.”

Client Transition and Integration

To guarantee a seamless transition for clients affected by this acquisition, Holand Leasing will directly collaborate with them to maintain existing leasing contracts. The company promises to offer the full range of services and flexible solutions that define its high standards of service. From vehicle acquisition and financing to contract renewal, Holand Leasing aims to support clients at every stage.

Janet Cully, Senior Vice-President at Holand since 1995, will oversee the integration process. Under her leadership, Viki Forese, the Head of Leasing Operations, will handle the current integration of the acquired portfolio, working alongside Meir Bitton, Executive Vice-President of Holand Leasing, to maintain the high service standards that clients have come to expect.

“Our clients are our top priority. Every lessee joining Holand can count on a smooth migration process and personalized service at the highest level,” stated Meir Bitton, Executive Vice-President of Holand Leasing.

Long-Term Strategy

This transaction aligns with Holand Automotive Group's long-term strategy of creating value through selective and thoughtful acquisitions that resonate with its business model and customer needs. The Group is committed to continued examination of opportunities for growth, investment, and the construction of lasting value, anywhere it can provide service that exceeds market standards.

Founded in 1995, Holand Automotive Group has established itself as a premier provider of luxury and ultra-luxury automobiles, representing some of the most prestigious automotive brands in Canada, the United States, and Europe. The company's dealerships showcase esteemed marques such as Ferrari, Rolls-Royce, Lamborghini, and McLaren, among others.

Through its comprehensive leasing services under Holand Leasing, in addition to assets in real estate and hospitality, Holand Automotive Group persistently aspires to deliver exceptional experiences for the world's most demanding customers. As they further solidify their foothold in the luxury market, Holand Automotive Group continues to pave the way for enhanced service offerings that meet the unique needs of its clientele.