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

Holand Automotive Group Expands Its Ultra-Luxury Leasing Platform

In a significant development for the luxury automotive sector, Holand Automotive Group has announced the successful acquisition of a selected portion of the leasing portfolio from John Scotti Leasing Inc. This strategic move, which was facilitated through a bankruptcy proceeding, aims to bolster Holand's commitment to serving its discerning clientele in Quebec with unparalleled service in the ultra-luxury market.

On August 4, 2026, the acquisition was made public, affirming Holand Automotive's position as one of Canada's preeminent companies in the luxury and ultra-luxury automotive industry. With this strategic acquisition, Holand Leasing, the company's leasing division, will enhance its existing leasing platform by integrating assets that align closely with its ultra-luxury business model.

Rather than acquiring the entire portfolio of John Scotti Leasing, Holand focused on identifying specific leasing contracts that best matched its operational profile and client demographics. This selective approach not only reflects Holand's dedication to the ultra-luxury segment but also demonstrates its ongoing strategy of disciplined growth through targeted acquisitions. In doing so, Holand Leasing aims to provide added value to its customers immediately after the acquisition, ensuring a seamless transition experience.

Gad Bitton, President and CEO of Holand Automotive Group, expressed high hopes for this acquisition. He stated, “We are proud to welcome new clients into the Holand family through this transaction. It reflects our belief in the ultra-luxury segment and our commitment to serving it flexibly and discreetly, with the service level that our clients deserve.” He emphasized the company's goal of maintaining continuity and flexibility for clients as they transition into Holand's leasing services.

The transition process will be managed closely, with senior vice president Janet Cully overseeing the integration of the acquired portfolio. Cully, who has been with Holand since 1995, brings a wealth of experience to the role. Viki Forese, head of leasing operations, will collaborate with her to ensure the smooth day-to-day management of this newly integrated portfolio. They will work alongside Meir Bitton, Executive Vice President at Holand Leasing, to uphold the exceptional care standards that clients expect.

Meir Bitton echoed the sentiments of his colleagues, stating, “Clients are our top priority. Every tenant joining Holand can expect a smooth transition and the attentive, professional service they deserve.”

This acquisition aligns with Holand Automotive Group's long-term strategy of creating value through selective and disciplined acquisitions tailored to its business model and client base. The company will continue to seek opportunities for growth and investment to serve its clients better than anyone else in the industry.

About Holand Automotive Group

Founded in 1995, Holand Automotive Group is a leading multi-brand luxury and ultra-luxury automotive organization in Canada, the United States, and Europe. The firm represents some of the world’s most prestigious car brands, including Ferrari, Rolls-Royce, Lamborghini, McLaren, Aston Martin, Maserati, and BMW, among others. In conjunction with its full-service leasing division, Holand Leasing, and its real estate and hospitality ventures, the group delivers exceptional experiences to the most demanding clients around the world.