SG Fleet has acquired contract hire, fleet management and salary sacrifice provider Fleet Hire.
SG Fleet Group manages a fleet of approximately 130,000 cars across Australia, New Zealand and the UK, while Solihull-based Fleet Hire currently has 60 staff and 6,500 cars in the UK.
Fleet Hire's senior team, including chief executive officer Graham Hale, chief operating officer Chris Joyce and sales director Nick Poole, will remain with the business.
David Fernandes (pictured), managing director at SG Fleet UK, said: “Fleet Hire is an ideal fit for our long-term growth strategy in the UK. Coupled with the invaluable expertise we have gained by retaining the commitment of the existing management team, we have made a significant stride forward in this market.”
Graham Hale, chief executive officer at Fleet Hire, added: “The integration of the two businesses in the UK extends the range of solutions we can offer our rapidly growing corporate customer base.
"Combining our forces is a big step forward for both businesses. It establishes a genuine platform for the combined business to build on and is a very exciting time for both of us.”