ONE of Europe's biggest pharmaceutical companies, GEHE, has signed a three-year vehicle supply contract with Lex Vehicle Leasing for nearly £9 million worth of vehicles.

The firm, which operates brands including AAH Pharmaceuticals and Lloyds Pharmacy, will use Lex to supply its entire 730-car fleet for the next three years. The cars will operate on a three-year/70,000-mile replacement cycle.

GEHE offers a wide range of vehicles, including Peugeot, Rover, Ford, VW/Audi, Vauxhall, BMW and Mercedes-Benz. The deal continues a five-year relationship between Lex and GEHE.

Geoff Wright, head of fleet operations at GEHE, said: 'With the recent tax changes we have been working together for two years to ensure our drivers are fully aware of the tax implications; the success of this has been virtually no complaints from our drivers since April.'