Commercial vehicle rental company Fraikin has made its biggest annual purchase of rental vehicles in a decade, with a three-phase order plan worth £13m for 2015 already underway. The three phases of its investment plan will see the company buy more than 300 new vehicles by the year’s end. Phases one and two have already been implemented, with the purchase of 216 rental vehicles. A combination of Iveco and Mercedes-Benz vehicles, the new additions to Fraikin’s fleet stretch from 3.4-tonnes […]
CitySprint has snapped-up two more courier firms as it continues its strategy of growing through acquisition.
Menzies Distribution has snapped up Inverness-based AJG Parcels in a £7.5m deal that allows it to enter the e-commerce parcel market.
Rental and leasing firm Fraikin Group has been acquired by a consortium – a move that follows the collapse last year of Fraikin’s deal to become part of Petit Forestier.