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. Ed Cowell told Motortransport.co.uk that the French-owned company remains “truly confident,” pointing to the firm’s performance in 2016. This saw both Fraikin Group and Fraikin UK grow their long term contracts portfolio year-on-year by 6.4% and 10.5% respectively. Cowell said: “The management board and I are truly confident in the group’s future. We have a number of […]
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).
Fraikin has placed a £4m order for Euro-6 Iveco trucks for its rental division.
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