Siemens Motor Contracts will be based in Stansted, offering full maintenance contract hire.
Through Siemens Financial Services, the new company will be able to offer customers a range of vehicle funding options, including finance lease and conventional hire purchase.
Richard Taylor, head of sales for Siemens Motor Contracts, said: ‘Our organisation has been providing a highly bespoke vehicle finance approach for more than 25 years.
‘The fact that we have many individual client relationships still going strong after more than a decade is testament to our customer centric approach, as is our use of sophisticated online quotation tools.
‘As a part of the Siemens Financial Services organisation and with the strength of the global Siemens brand, we are clearly moving up a gear as we take our approach to a wider audience.’