Vehicle rental firm Fraikin has welcomed a new chief executive and chief finance officer to its board of directors. Chief executive Ed Cowell has joined Fraikin after two years with tools and plant hire firm Speedy Services and began work in his new role this week. He said he looked forward to bringing new ideas to the firm and “playing a key part in shaping the next chapter in Fraikin’s near 40-year UK history”. Cowell is supported by recently appointed […]
Refrigerated-rental firm Petit Forestier is to buy leasing and rental provider Fraikin in a deal that will create a European player with combined sales of €1.3bn (£1.09bn).
GRP building components supplier Stormking has taken three Mercedes-Benz vans from Hexagon Leasing after using the contract hire and leasing specialist to replace its HGV fleet over the last three years.
The head of Fraikin UK has said Petit Forestier’s decision to abandon its plans to buy his leasing firm will not affect the business.