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). Villepinte, France-based Petit Forestier has entered into an exclusivity agreement with Fraikin to acquire 100% of the business with financial backing from CVC Capital Partners and Eurazeo. Petit […]
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Close Brothers Vehicle Hire, part of Close Brothers Group, has launched a new municipal rental offering. The business will offer contract hire, flexi-lease and daily rental options on a comprehensive suite of municipal vehicles, including refuse trucks, sweepers, hook and skip lorries, gulley emptiers, gritters, tipper grabs, brick grabs and cage tippers. A support team […]
Puro Ventures, which trades as Speedy Freight, has undergone a management buyout which sees its founders leave the business and Eddie Stobart holding company GreenWhiteStar Acquisitions (GWSA) sell its remaining 20% shareholding in the company.
Transport technology provider Microlise has bought Vita Software for £2.06m as part of the company’s wider acquisition plans. The company said this week the purchase of Vita Software is the first of a number of “targeted acquisitions” fuelled by funds raised by its IPO in 2021. Microlise said the addition of Vita Software – a […]