Momentum behind consolidation in Europe’s vehicle leasing industry is gathering pace, with size and scale delivering increasing competitive advantages. International leasing firm Business Lease, part of the AutoBinck Group, has completed the sale of two of its operations, in the Czech Republic and Slovakia, to Belgium-based KBC Group for €72 million. The two subsidiaries will be integrated into KBC’s CSOB Leasing, accelerating the firm’s growth in Central Europe.