Manchester-based 3 Arrows runs a fleet of 1,500 vehicles which it rents to non-fault parties involved in road accidents, recouping the costs directly from the guilty parties' insurers. Avis Europe has expanded its replacement car business by 20% in the last year and has been actively seeking to expand its business in this sector. 3 Arrows will continue to trade under the same name, but will benefit from Avis Europe's financial standing, car rental technology and fleet logistics.
Acquisitions shake up UK car hire industry
18/12/1998 in NEWS