German plant leasing

from Wikipedia, the free encyclopedia
DAL Deutsche Anlagen-Leasing GmbH & Co. KG

logo
legal form GmbH & Co. KG
founding 1962
Seat Mainz , Rhineland-Palatinate
management Andreas Geue (chairman), Tobias Bergmann, Kai Eberhard
Number of employees 356
sales 2.452 million euros (new business)
Branch Financial services
Website www.dal.de
As of September 30, 2019

DAL German Anlagen-Leasing GmbH & Co. KG , headquartered in Mainz is the first - and therefore oldest - German real estate - leasing -Gesellschaft. The DAL was formed by the acquisition of Deutsche Anlagen-Leasing GmbH, Mainz, by the AGV system and Grundstücksvermietungsgesellschaft mbH & Co. KG, Wiesbaden, in 2005. Today's sole shareholder is the the Savings Banks Financial Group owned German leasing . Deutsche Anlagen-Leasing is a member of the Federal Association of German Leasing Companies .

Business activity

DAL is active in various target markets. These include the major business corporate customers , real estate , transport & logistics , infrastructure & supply as well as information technology & healthcare . Major holdings of DAL Structured Finance GmbH are LBSH Leasing GmbH & Co. KG, Lockstedt (100%) and DAL Nordic Finance AB, Stockholm (100%). The DAL Group has around 1,800 property companies, mainly for the presentation of real estate leasing transactions and transactions in the area of ​​large property. In addition to its headquarters in Mainz, the DAL Group is represented in Bad Homburg, Hamburg, Berlin, Lockstedt (LBSH Leasing), Düsseldorf, Leipzig, Stuttgart and Munich. In addition, DAL has a service and performance center in Frankfurt-Kalbach for processing lease returns in the IT segment.

history

Deutsche Anlagen-Leasing GmbH (until 2005)

On February 19, 1962, DAL was founded by Eberhard Kühl under the name “Leasing Company for Rental Projects” with a share capital of DM 20,000. In the following year, DAL signed the first real estate leasing contract in Germany with Zeppelin Metallwerke GmbH, Friedrichshafen. The first foreign financing followed in 1964. In 1965, the Landesbank Rheinland-Pfalz took part in the share capital that was now DM 400,000. In 1966, DAL was the first leasing company in Germany to set up technical services such as project management . The stock of rental properties reached the DM 100 million mark. In 1967 the Landesbank Hessen-Thüringen and the Bayerische Gemeindebank (later the Bayerische Landesbank) joined DAL as shareholders. In 1968 DAL's share capital was DM 4 million. The first DAL real estate fund was launched in 1969.

In 1970 the share capital was increased to 10 million DM and in the following years a number of subsidiaries were founded in Germany and abroad. The leasing offer ranged from machine tools to ocean-going yachts. At the beginning of the 1970s, DAL signed its first municipal leasing contracts. In 1973 the stock of rental properties reached the DM 1 billion mark and DAL's share capital was increased to DM 30 million.

In 1981 DAL founded Multinational-Leasing GmbH and from then on operated worldwide leasing. The capital was increased to 60 million DM this year and the managed portfolio of rental properties reached the 10 billion DM limit. At that time, DAL employed more than 800 people. In 1983, undesirable developments emerged as a crisis: uncontrolled expansion, internal competition, a lack of structures. In the restructuring phase from 1984 to 1987, the shareholder banks were decisively challenged. Their achievement, which until then was unique in the economic history of the post-war period, made the successful renovation possible. In 1989 DAL again acquired new business of almost DM 300 million. In 1999 Bayerische Landesbank left DAL as a partner.

In 1990 the DAL became active in the new federal states . The special depreciation ensured a special boom for funds, investor models and deals with savings banks. In 1993 new business amounted to DM 1.5 billion. DAL intensified its cooperation with corporate customer advisors at the savings banks.

AGV Anlagen- und Grundstücksvermietungsgesellschaft mbH & Co. KG (until 2005)

At the end of 1985, AGV GmbH & Co. KG was founded by Dieter Maier in Wiesbaden. In January 1986 the first AGV leasing contract was concluded.

In 1993 AGV reached the first billion in cumulative incoming orders. In addition to real estate leasing, AGV developed leasing models for intangible assets and established itself in the “new media” market of the future, for example in broadband cabling of network level 4 and also in the leasing of decoders. Contracts were concluded with SAT.1, Pro7 and Premiere, among others, which gave AGV a leading position in innovative sub-markets. In 1994 AGV founded AGV International Leasing GmbH, opening up to international transactions.

In 1998, AGV sold 45% of its shares to Hamburgische Landesbank, which merged with Landesbank Schleswig-Holstein to form HSH Nordbank AG in 2003 . Another 45% of the shares were sold to a Provinzial holding company. On January 1st, 2005 AGV Anlagen- und Grundstücksvermietungsgesellschaft mbH & Co. KG acquired 94% of the shares in Deutsche Anlagen-Leasing GmbH; the remaining 6% remained with WestLB. In the same year, Deutsche Leasing AG took over 60% of the shares in AGV from the previous shareholders; This made Deutsche Leasing the new majority shareholder. The remaining 40% of the shares remained with HSH Nordbank AG.

Merger of DAL and AGV from 2005

In 2006, the previous AGV Group and Deutsche Anlagen-Leasing were organizationally merged: The company was renamed DAL Deutsche Anlagen-Leasing GmbH & Co. KG and uses the DAL brand, which was introduced in 1962. This is particularly known to the German savings banks and their business customers. The market activities have also been reorganized: The “Real Estate” business area comprises all real estate leasing activities, including construction services, which DAL offers through its subsidiary DAL Bautec Baumanagement und Beratung GmbH. In addition, in the “Structured Finance” business area, DAL develops financing solutions for large-scale transactions, both for mobile assets and for intangible assets. The turbulence on the international capital markets in 2008 led to a profound crisis in the economy as a whole. For DAL, new business developed against the market trend: at the end of 2008 growth of 20% to new business of over 1.9 billion euros was achieved. As part of the strategic realignment, HSH Nordbank stopped refinancing leasing transactions in 2009 and announced that it would sell its stake in DAL. The shares in HSH were taken over on September 30, 2011 by Deutsche Leasing, which is now the sole shareholder of DAL.

DAL headquarters in Mainz-Hechtsheim

Under the umbrella of Deutsche Leasing, DAL further expanded the energy and transport business areas (investment solutions for railways, aircraft and ships). In addition to the real estate business, the product portfolio also included special concepts for current assets and structured products for intangible assets (trademarks, patents, etc.). In the course of 2014, DAL relocated all of its Wiesbaden companies to Mainz. At the same time, the headquarters of DAL Deutsche Anlagen-Leasing GmbH & Co. KG was relocated to Mainz , so that Mainz became the company's new headquarters. On March 1, 2017, DAL moved into its new headquarters in Mainz-Hechtsheim. On October 1st of the same year, DAL took over the IT and healthcare business of Deutsche Leasing and thus around 80 employees in IT and healthcare. DAL was also responsible for the IT service center in Frankfurt-Kalbach, a service provider for marketing and technical services relating to IT hardware. Due to the growth of this business area, the IT service center in Frankfurt-Kalbach was closed in March 2020 and transferred to the new DAL Asset Service Center in Fernwald.

Products / Business Areas

Within the Sparkassen-Finanzgruppe, the DAL Group, as part of the Deutsche Leasing Group, is the central association and cooperation partner for the Sparkassen for its product portfolio; In addition, the DAL Group works closely with Landesbanken. The DAL describes itself as a competence center for asset-related, large-volume financing within the Sparkassen-Finanzgruppe in the following areas (own designation: "target markets"):

Wholesale corporate clients

In this segment, DAL arranges and structures leasing and hire-purchase solutions for commercially used new and existing properties (sale-and-lease-back, buy-and-lease). The range of services also includes financing for large property, operating equipment, current assets and intangible assets ( trademarks , patents , licenses , research and development costs ).

property

The real estate division at DAL stands for construction management via the 100% subsidiary DAL Bautec. This includes construction management services for new construction and renovation projects (including consulting, project management, project controlling).

Transport & logistics

DAL offers asset-based financing solutions in the following asset classes: Aviation (business jets, commercial aircraft, helicopters, engines), shipping (ocean-going vessels, inland vessels, container boxes), rail transport (railways, engines, wagons, trams), logistics infrastructure (handling facilities for intermodal transport, logistics centers, technical facilities for rail systems).

Infrastructure & supply

In this business area, DAL accompanies infrastructure investments in renewable energies (photovoltaics, onshore wind, bioenergy), energy generation and storage (coal and gas power plants, combined heat and power plants, electricity storage), energy distribution (network financing in heat, gas, electricity, smart meters) and energy disposal ( Sewage sludge and waste incineration plants).

Information technology & healthcare

In the information technology business area, DAL offers financing solutions for IT projects, software licenses, hardware and lifecycle management. In the health sector, DAL finances medical equipment (including magnetic resonance tomographs, X-ray machines) and equipment in hospitals and health centers (including large kitchens, beds, furniture).

DAL Asset Service Center (ASC)

After a year of construction, DAL moved into the new DAL Asset Service Center (ASC) in Fernwald in March 2020 . All IT leasing returns from the Deutsche Leasing Group are recorded, evaluated and, depending on their condition, prepared for resale or certified recycled on a logistics area of ​​10,000 sqm and a usable area of ​​3,000 sqm.

The DAL Asset Service Center (ASC) in Fernwald

In the event of further marketing, the ASC staff will delete the data in a certified manner. Up to 200,000 mobile objects, from cell phones and laptops to large server systems, can go through this process per year.

Key figures

Key figures as of December 31, 2018: Equity DAL Deutsche Anlagen-Leasing GmbH & Co. KG: 25 million euros, new business 1,626 million euros, assets under management 11.5 billion euros.

Web links

Individual evidence

  1. Deutsche Leasing, AGV and DAL join forces ( Memento from November 22, 2008 in the Internet Archive )
  2. Roster of the Federal Association of German Leasing Companies In: leasingverband.de , accessed on August 1, 2017th
  3. a b "A guy we should have more of" . In: Der Spiegel . No. 46 , 1984 ( online - Nov. 12, 1984 ).
  4. "You are afraid that I will earn too much" . In: Der Spiegel . No. 42 , 1985 ( online - 14 October 1985 ).
  5. HSH Nordbank sells its stake in DAL Deutsche Anlagen-Leasing ( Memento from February 6, 2013 in the web archive archive.today )
  6. Deutsche Leasing takes over DAL Deutsche Anlagen-Leasing completely ( Memento from April 22, 2012 in the Internet Archive )
  7. DAL Annual Report 2018 (PDF; 3.65 MB) In: dal.de. DAL Deutsche Anlagen-Leasing, June 27, 2019, accessed on August 22, 2019 .