DLL and Iveco Group finalise new GATE joint venture

DLL, the global vendor finance company, and Iveco Group, the automotive and industrial player, have completed the formation of a new joint venture following regulatory approvals.

The partnership centres on GATE, Iveco Group’s rental platform for low- to zero-emission commercial vehicles. DLL has acquired a 51 percent stake in GATE through a reserved capital increase, while Iveco Group retains a 49 percent share. The deal, first announced in May 2025, is aimed at accelerating the energy transition in European transport by expanding rental and financing solutions for sustainable fleets.

GATE was launched in Italy in 2023 and expanded into France and Germany in 2024. The platform offers tailored rental packages, a digital service ecosystem, and partnerships with industry providers to support companies seeking to transition to electric and alternative-fuel vehicles.

Under the new joint venture structure, the company intends to extend its services to additional European markets where DLL and Iveco Group already operate, and eventually broaden its offerings to brands beyond IVECO.

According to the companies, the strengthened financial and operational backing will help GATE scale more rapidly. DLL brings asset financing expertise, while Iveco Group contributes its vehicle manufacturing and service capabilities. Integration of the joint operations is under way, with both firms maintaining focus on GATE’s existing expansion projects.