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. Frakin’s parent company FTI has been purchased by a consortium lead by asset management firm Alcentra and global alternative investment adviser Värde Partners, the company said in a statement. Following this transaction, the group will be recapitalized, with a significant reduction of its holding debt by approximately €500m (£436m), Frakin said. Pierre-Louis […]
Fresh fruit and vegetable distributor Reynolds has taken 11 new Mercedes-Benz Actros tractor units from Fraikin, in its first deal with the leasing firm.
Commercial vehicle fleet services supplier Fraikin has signed a new two-year contract with grocery retailer Sainsbury’s to manage the supermarket’s home delivery fleet in southern England.