TraXall France acquired the remaining 64.1% stake in HLA Fleet Services GmbH from Autobank AG (WBAG:AW2) on October 27, 2020. Post completion, HLA Fleet Services GmbH operates as a subsidiary of TraXall France. TraXall France completed the acquisition of the remaining 64.1% stake in HLA Fleet Services GmbH from Autobank AG (WBAG:AW2) on October 27, 2020. Upon completion of the transaction, Faubourg Conseil SAS, which already held 35.9% stake of HLA Fleet Services GmbH through ERCG SAS, will become the direct and indirect sole owner of HLA Fleet Services GmbH. Stephan Morsch and Angela Poschenrieder of SKW Schwarz Rechtsanwälte and Roland Guény of Beylouni Carbasse Guény Valot Vernet acted as legal advisors to Faubourg.