ALD International has acquired the remaining 75% equity in its Ukranian partner, First Lease. The deal comes a year after ALD took a 25% stake in the company, which has been renamed ALD Automotive Ukraine and operates a fleet of 1,990 vehicles.

In a statement, the company said: ‘This acquisition is a demonstration of ALD International’s confidence in the economic development of the central and eastern European countries. It also underlines its ambition to provide its international customers with service across the globe, including the emerging markets.’