Iveco Group and DLL finalize the new GATE joint venture
DLL has acquired a majority interest (51%) in GATE – formerly a fully owned subsidiary of Iveco Group – through a reserved capital increase, to support the transition to low- to zero-emission commercial vehicles in Europe, while Iveco Group retains 49% of the share capital. The announcement dates back to May 2025.
Following the announcement made last May, Iveco Group and global vendor finance company DLL have officially set the brand-new GATE joint venture, obtaining the necessary regulatory approvals. Indeed, DLL has acquired a majority interest (51%) in GATE – formerly a fully owned subsidiary of Iveco Group – through a reserved capital increase, to support the transition to low- to zero-emission commercial vehicles in Europe, while Iveco Group retains 49% of the share capital.
The new JV structure will provide GATE with strengthened financial backing and asset financing expertise, crucial for accelerating its growth strategy, driving its further development and expansion, and enabling it to achieve its ambitious objectives more efficiently and swiftly.
GATE will continue with its new structure
GATE was born in 2022 with the aim of facilitating access to more sustainable mobility through its rental solutions for low- to zero-emission vehicles. The formula is tailored to the customers’ specific needs, offering an extensive digital ecosystem and high-quality services through premium partners.
Now, GATE will continue helping customers to build more sustainable fleets under the newly formed JV structure, strengthening activities that began in Italy in 2023 and that were extended to France and Germany in 2024.
