Scottish-based TOM Vehicle Rental has acquired Charthire and Eurofleet Rental.
Measham based Eurofleet Rental, and Nottingham based Charthire join the company’s existing Manchester operation south of the border.
Robert Stewart, commercial director, said: “Both businesses operate in sectors where we have a foothold and are looking to increase our share. The investment in infrastructure and resource in our business within the last few years means the top up of vehicles and trailers, provided by both acquisitions will be managed as efficiently as our existing fleet.”
The current T.O.M. fleet exceeds 6,500, with that number growing to more than 8,000 with the double purchase.
“It is fair to say we have grasped opportunities throughout the recession and whilst not always easy, we are a ‘make it happen business’, so we try and do exactly that.
“There are other opportunities we are looking at just now. Although they are in the early stages, we don’t rule anything out until our instinct and the numbers tell us otherwise” added Stewart.
