NFT is to replace 100 units in its fleet with Euro-6 Volvo FMs, comprising the exclusive supply of its 6x2 and 4x2 units.
The deal follows a tender that saw four vehicle manufacturers go head-to-head in competitive tender. Volvo, via dealership the Hartshorne Group, will also supply further units if the fleet expands as NFT hits its growth targets.
The 450hp units are standardised around Volvo’s D11K, 11 litre engine and come equipped with I-See fuel saving software and its I-Shift gearbox. Both Volvo and the Hartshorne Group will working with NFT’s driver trainers to get the best out of the fleet.
Andrew De'Vere, NFT managing director of shared user operations, said of the tender: "As well as historical reliability, the partnership of both manufacturer and dealership was also key, including its approach to repairs and maintenance. Volvo came out top of all suppliers, and in particular innovation and technology, which are key attributes that NFT are looking for in its partners."
In April NFT was bought by private equity firm EmergeVest, which bought out its long-term backer Phoenix Equity Partners in a deal that valued the chilled food giant at £60m. As part of the deal it said it would look to expand its capacities in the south of England as it looked to target an increase annual turnover from £170m to £250m over the next four years.
Arne Knaben, Volvo Group UK MD, said: “We are absolutely thrilled by the news that Volvo Trucks and Hartshorne Group have been chosen by NFT for the exclusive supply of trucks in 2014 and 2015. We regard it as an honour to be chosen for such a prestigious contract and our respective teams are looking forward to continuing to work closely with NFT.”
By Emma Shone