VENTURE capital group 3i has appointed Zenith Vehicle Contracts to manage its 120-vehicle user-chooser fleet following a competitive tender.

Earlier this year, the company backed a buy-out of Zenith by its management.

Commenting on the new fleet management deal, 3i group purchasing manager Lewis Claxton said: ‘We recognise the importance of corporate cars from an employee benefits perspective and will be exploring ways to further enhance our company car offering with Zenith.’