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Santander Acquires CLM Fleet Management to Expand UK Leasing Business

  • Santander Consumer Finance (SCF) has acquired CLM Fleet Management to expand its presence in the U.K. leasing sector.
  • CLM Fleet Management has 40 years of experience managing fleet vehicles for corporate customers.
  • The acquisition aims to position Santander as a major provider of leasing agreements to fleets operating company cars across Europe.
  • Santander also expanded its small business offering in the U.S., allowing small business owners and entrepreneurs to finance vehicles through its consumer banking division.

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