Vehicle remarketer BCA has acquired United Fleet Distribution
(UFD) from Mears Group plc in a deal worth £2.8m.
Based in Birmingham, UFD provides logistic services including
inspection, collection and delivery, storage and other ancillary
services. Its current client list includes Lombard, Lex, BT Fleet,
Scot Group (Thrifty Car Rental) and ECM Mercedes Corporate.
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Jon Olsen, BCA CEO, said of the move: “UFD fits with our
existing business and gives us scope to add to the range of
services we offer companies operating in the motor industry. In
particular, it will enable us to enhance our ‘inspect and collect’
service to our fleet and leasing clients.”
The strategy, according to Olsen, is to integrate UFD’s range of
logistics services – including KPI reporting and incident tracking,
and Manpack 3, which handles electronic and web-based job input,
driver allocation and status tracking – with BCA’s existing suite
of vehicle remarketing products.
Motor Finance Issue: 45 – July 08
Published for the web: July 25 08 16:10
Last Updated: July 25 08 16:10
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