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 […]
Three-quarters of operators (74.5%) say managing a commercial fleet has become more stressful in the past few years, according to brand-new research conducted by Fraikin, Motor Transport and Commercial Motor.
Fraikin has secured a seven-figure-deal with meat supplier Fairfax Meadow to supply 43 new vehicles on a four-year full-service contract hire basis.
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).