Allane SE (LNSX)

Allane SE, together with its subsidiaries, engages in the vehicle leasing business in Germany, Austria, Switzerland, France, and the Netherlands. It operates in four segments: Online Retail, Fleet Leasing, Captive Leasing, and Fleet Management. The company provides lease financing and related services for corporate customers that include cross-manufacturer online configuration, vehicle selection advisory, online approval procedure, vehicle procurement, vehicle maintenance, tire changing, breakdown and claims assistance, and claims management comprising insurance processing; and manages fuel cards, vehicle taxes, and radio license fees. It also operates an online retail business that serves private and commercial customers through sixt-neuwagen.de and autohaus24.de websites, as well as offers maintenance, wear and tear, inspection, tire, and insurance packages. In addition, the company manages vehicle fleets for medium-sized companies and international corporations; and sells used vehicles. Further, it provides FleetIntelligence, a cloud application for vehicle fleet analysis; Multibid Configurator for configuring fleet vehicles, comparing them with alternative vehicles, and carrying out tenders for vehicles; and My-Allane application for performing vehicle-related tasks, such as booking workshop appointments, as well as supports digital communication between fleet managers and company car users. The company was formerly known as Sixt Leasing SE and changed its name to Allane SE in August 2021. The company was founded in 1967 and is based in Garching bei München, Germany. Allane SE is a subsidiary of Hyundai Capital Bank Europe GmbH.