Reported 1 day ago
Global Vehicle Group (GVG) has successfully acquired Fleet Alliance, a leasing broker and fleet management firm based in Glasgow. While financial details remain undisclosed, this acquisition consolidates GVG's position in the market, making it the largest B2B leasing broker in the UK. GVG now encompasses Fleet Alliance, along with Global Vans and XLCR Vehicle Leasing, managing over 70,000 vehicles and boasting annual volumes of approximately 18,000 units with a funded value exceeding £2.5 billion. Both GVG and Fleet Alliance will maintain their distinct management teams and brand identities while collaborating to enhance service offerings.
Source: YAHOO