Administrator KPMG sold the Hemel Hempstead-based business to a venture capitalist, the name of which has not been disclosed, and a new company called Century Car Rental has been created to take over the defunct firm's business. Century International operated from 10 sites at major UK airports, along with operations in France (13 sites) and two branches in Dublin and employed 60 staff. The staff and the sites will all be transferred to the new company.
Andy Leedan, former Century International fleet director, is now co-director of the new company, alongside former vehicle purchasing director Jim Thorpe. The firm refused to comment on how the changes affected Bob Burrowes, the former managing director and chairman of the company.