Groupe BPCE has established BPCE Equipment Solutions, following its acquisition of Société Générale Equipment Finance (SGEF). The move expands the company’s global footprint in industrial lease financing.

BPCE Equipment Solutions will operate in 24 countries, managing a €15 billion portfolio in industrial equipment lease financing. The new subsidiary, supported by 1,600 employees, will provide financing solutions for businesses in sectors including transport, technology, healthcare, and energy. The initiative aligns with BPCE’s Vision 2030 strategy, which emphasizes international growth and sustainable financial solutions.

“This development strengthens our ability to support businesses as they navigate economic and environmental transitions,” BPCE CEO Nicolas Namias said. “With an expanded presence across Europe and key international markets, we are well-positioned to drive growth in this sector.”

BPCE Equipment Solutions will operate alongside BPCE Lease, which manages a €20 billion portfolio in equipment and real estate leasing, long-term rental, and renewable energy financing. The synergy between the two subsidiaries is expected to enhance BPCE’s capabilities in leasing and financing services.

In conjunction with the launch, BPCE announced key leadership appointments. Odile de Saivre has been named CEO of BPCE Equipment Solutions, with Zdenek Metelak and Olivier Vimard serving as deputy CEOs. François Camilleri has been appointed CEO of BPCE Lease. The executives will lead BPCE’s efforts to expand leasing operations and support business clients in their financing needs.