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DLL becomes majority stakeholder of Iveco rental firm Gate

Now a joint venture, Gate aims to offer electrified commercial vehicles as a service. By Stewart Burnett

Finance specialist DLL has announced that it will acquire a 51% majority stake in Gate, Iveco Group’s subsidiary specialising in rental solutions for low- and zero-emission vehicles, forming a joint venture to advance sustainable mobility across Europe. Iveco Group will retain a 49% share in Gate, with the partnership aimed at accelerating the adoption of electrified commercial vehicles through flexible long-term rental models.

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