Hitachi Capital Vehicle Solutions (HCVS) has acquired a business
which supplies cars on contract hire to driving schools.
The Driving Instructor Centre (DIC), based in Leicester,
supplies cars to customers on a seven, 12 or 18-month basis, and
currently leases out around 3,000 vehicles. It has 52 staff, and an
annual turnover of £10m, said HCVS.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
DIC’s current managing director, Mark West, will stay with the
business, and will in future report to Simon Oliphant, chief
executive of HCVS.
Oliphant commented: “The acquisition is part of a strategic
growth plan by Hitachi Capital, and provides us with a niche
business, which complements our own activities.
“Despite the tough general economic outlook, we remain committed
to growing the business in the UK and believe our Japanese
parentage will provide us with the stability required to support
our customers through the challenges we all face.”
Jo Tacon
