MOUNT LAUREL, N.J. -

ARI announced this week that it acquired the fleet management segment of a European operation, the business holdings of Fleetlevel+ Services GmbH.

ARI indicated the transaction is expected to close in August.

ARI president Carl Ortell highlighted the new company, which will be known as ARI Fleet Germany, supports ARI’s continued development of a strong, strategic global footprint and will provide the company’s clients with enhanced fleet management services and solutions in both the German market and in continental Europe.

“The acquisition of Fleetlevel+’s fleet management business supports ARI’s on-going focus on developing a strong global platform to better serve the needs of our customers who are growing globally as well,” Ortell said.

“The opportunity to expand into the German market and operate on the continent will further enhance ARI’s ability to deliver innovative, top-level fleet management services in the markets and the regions that best complement our customers’ needs,” he continued.

ARI mentioned the Stuttgart-based company offers a comprehensive range of fleet management services and will be supported by ARI’s global network of industry professionals, the company’s pioneering suite of fleet management solutions and its unmatched investment in technology and innovation.

“This is a natural next step for ARI,” said Chris Conroy, the company’s managing director of global operations. “We have been providing fleet management solutions in the U.K. since December 2011, with foundational values of transparency, partnership, and innovation.

"We hope to leverage this new opportunity in Germany to provide services to both our existing multi-national customers and those with regional requirements in Europe," Conroy contineud. "All of this will be supported by ARI’s continued investment in people, processes, and technology.”

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