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Element Financial

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June 29, 2015 - Industry News

Element to Acquire GE Capital's Fleet Business

File photo of GE Capital Fleet's Vehicle Innovation Center in Eden Prairie, Minn.

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

Tags: GE Capital Fleet Services, GE Capital, Element Financial, Mergers & Acquisitions, Equity Markets, Fleet Management Companies

July 8, 2014 - Industry News

Element's PHH Arval Buy Doubles Fleet Portfolio

Element Financial Corp. has finalized its acquisition of PHH Arval for $1.4 billion, a transaction that doubles the size of its managed fleet assets, the Canadian firm has announced.

Tags: Canada, Element Financial, PHH Arval, Mergers & Acquisitions

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