Marubeni, a company of many

Marubeni Corporation is a diverse Japanese conglomerate with a global presence, involved in a multitude of sectors including trading, energy, infrastructure, technology, agriculture, chemicals, and consumer products.

The company is a key player in international trade, energy production (both traditional and renewable), infrastructure development, and technology advancements. It also plays a significant role in agriculture, food production, and the consumer goods market.

To summarise, Marubeni has it’s fingers in a lot of pies.

FleetPartners aligns closely to existing operations

Marubeni Corporation's activities in the automotive sector, particularly through vehicle financing, leasing, and rental services, align closely with the operations of FleetPartners.

Marubeni's involvement in dealership networks and comprehensive logistics services further complements FleetPartners' business model, indicating a strategic alignment in offering vehicle and fleet management solutions to a broad client base. This synergy could enhance Marubeni's service offerings and market presence in the automotive and fleet management industry.

FleetPartners aligns closely to existing operations

There is a lot to gain from a FleetPartners acquisition, even beyond the recent strong financial performance, driven by the ability to capture a greater margin on vehicles sold since 2021, and the potential for growth going forward.

Acquiring Fleet Partners would also provide Marubeni with an established presence in the Australian fleet management and vehicle leasing sector. This could serve as a strategic entry point or expansion within the Australian market, aligning with Marubeni's global expansion strategies.

Marubeni may also be looking to take advantage of the technology & expertise at FleetPartners. Fleet management companies often utilize advanced technologies for vehicle tracking, maintenance, and management, which Marubeni could leverage across its other businesses to improve operational efficiencies and service offerings.

M&A Market Activity

• Saba Capital quietly expands its Australian portfolio, holding stakes in MFF Capital, Platinum Capital, WAM Global, and LICs. (AFR)

• EMR Capital mulls timing for Kestrel coal mine sale amid robust market. (The Australian)

• JetBlue and Spirit Airlines terminate $3.8b merger. (Capital Brief)

• J-Power and Macquarie Capital propose a dual-track bid for Genex Power to counter Skip Capital's stake. (AFR)

• Amber Infrastructure seeks a capital partner for iseek data centre business. (AFR)

• AFT Pharmaceuticals partners with Microsize for Maxigesic Rapid distribution. (Capital Brief)

• Global Infrastructure Partners is set to sell Pacific National stake. (AFR)

• Accenture acquires Melbourne-based consultancy The Lumery. (BNA)