Berlin and Oslo, 21 March 2022 – Adevinta announces that mobile.de, Germany’s largest Motors marketplace, has today finalised the acquisition of Null-Leasing.com, a provider of digital leasing services in Germany. The transaction enables mobile.de to expand its offering as it looks to further build on its existing suite of products and services.
Founded in Hamburg in 2016, Null-Leasing.com is one of Germany’s fastest growing online car leasing marketplaces for both new and second-hand vehicles. The acquisition of Null-Leasing.com broadens mobile.de dealers' access to clear and comprehensive leasing deals, enabling them to better market their vehicles in a wide variety of ways – from leasing and financing to cash sales.
Further, the acquisition provides significant benefits to existing Null-Leasing.com users, who can now take advantage of the largest selection of vehicles in Germany.
The combined mobile.de and Null-Leasing.com will also offer dealers greater access to ‘easy-to-handle’ online leasing transactions, as well as additional mobility solutions such as Build-to-order vehicles.
“Strengthening our Motors verticals is a key element of Adevinta’s Growing at Scale strategy, and today’s closing is a great step forward in executing on our strategic plans,” said Rolv Erik Ryssdal, CEO of Adevinta. “We look forward to welcoming the Null-Leasing.com teams to the Adevinta Group and to realizing the positive opportunites that mobile.de and Null-Leasing.com will create together.”
Patricia Lobinger, Interim CEO of mobile.de, said: “The mobility market is evolving rapidly, driven by several trends including the rising interest in used car leasing and the increasing importance of alternative ownership models. There is also a growing demand for more choice from a user perspective, which underpins what we do at mobile.de.
"Null-Leasing.com is an innovative company that has achieved impressive growth in an attractive market in recent years. Combining the leasing product from Null-Leasing.com with mobile.de's reach will give the leasing business in Germany a substantial growth impulse."
Sebastian Bußhardt and Daniel Seifert, Managing Directors and Founders of Null-Leasing.com, comment: “Consumers will also benefit from the merger. Together with mobile.de, we offer a greater variety and an uncomplicated, digital leasing process without tiresome paperwork."