Hitachi Capital Canada acquires lease financing provider CLE
Hitachi Capital Canada Corp, a subsidiary of Hitachi Capital America Corp, has completed its share purchase agreement to acquire 100% of the shares of CLE Canadian Leasing Enterprise Ltd. Based in Trois-Rivières, Québec, CLE provides lease financing and customized services to small businesses. Hitachi Capital Canada said the deal will add assets of $198.4 million and annual originations of $129.6 million to its business. Global subsidiaries of Hitachi Capital Corp provide financing to customers of Hitachi Ltd and Hitachi's group of companies.
12 May 2014•3 mins read
