Holand Automotive Group Expands Its Ultra-Luxury Leasing Platform through Strategic Acquisition
Holand Automotive Group Enhances Ultra-Luxury Leasing Services
Holand Automotive Group, a premier player in the ultra-luxury car market in Canada, recently announced a significant step in expanding its leasing operations. The company has successfully navigated a strategic acquisition of selected assets from John Scotti Leasing Inc., which was under court-managed restructuring. This move marks a critical reinforcement of Holand’s commitment to providing exceptional services to the most discerning clientele in Quebec.
On August 4, 2026, the Montreal-based automotive group revealed that its leasing division, Holand Leasing, had completed the acquisition. The assets acquired closely align with Holand's existing ultra-luxury business model, enhancing its portfolio while allowing it to cater even better to its elite customers. The remaining assets of the John Scotti Leasing’s portfolio will continue to be managed by an external administrator as part of the ongoing restructuring process.
Holand’s approach to this acquisition was distinctly focused. Rather than acquiring the entire portfolio, the company collaborated closely with the court-appointed administrator to identify and procure leasing contracts that fit its operational model and customer profile. This strategic selection has generated highly competitive additions to Holand Leasing's existing offerings, creating substantial value for both clients and the group.
Gad Bitton, President and CEO of Holand Automotive Group, expressed his excitement about welcoming new clients into the Holand family. He stated, “This acquisition reflects our confidence in the ultra-luxury automotive segment and our commitment to deliver services with the flexibility, attentiveness, and level of care that our clients deserve.” Bitton emphasized that the goal is to maintain existing arrangements while ensuring a seamless transition for clients amidst the expansion.
To ensure a smooth integration process, Janet Cully, Senior Vice President and a valuable team member since 1995, will lead the transition. Viki Forese, head of leasing operations, will oversee the integration of the newly acquired portfolio, working in tandem with Meir Bitton, Executive Vice President of Holand Leasing, to uphold the high service standards expected by their clientele.
“Our top priority remains our customers,” said Meir Bitton. “Every lessee joining Holand can count on a seamless transition and top-tier service that they deserve.”
Strategic acquisitions, such as this one, align perfectly with Holand Automotive Group’s long-term goal of fostering value through carefully selected purchases that resonate with its operational ethos and client needs. The company remains vigilant and proactive in exploring growth opportunities within the market where it can deliver superior service than any competitor.
About Holand Automotive Group
Founded in 1995, Holand Automotive Group stands as a leading organization in the luxury and ultra-luxury multi-brand automotive sector, representing some of the world’s most prestigious brands across Canada, the USA, and Europe. Its dealer centers include brands like Ferrari, Rolls-Royce, Lamborghini, and more. Through its full-service leasing division and real estate and hospitality arms, Holand aims to cater to the most discerning clients in the industry.
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