In brief: GE Capital Acquires Equipment Financer

GE Capital Services has acquired Mietfinanz GmbH, a large German equipment financing company, from a consortium of German financial institutions and a trading company.

Terms of the transaction were not disclosed.

Mietfinanz, which is headquartered in Mulheim/Ruhr, provides equipment financing services primarily to medium-size companies.

Mietfinanz becomes part of GE Capital's commercial equipment financing unit.

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