Fleet News

Management buyout of Fleet Logistics

The management of Fleet Logistics has bought the company from owner Frank Consolidated Enterprises.

Chief executive Peter Soliman, who led the management buyout, said: “Despite our success, one of the most common objections in the European marketplace to the Fleet Logistics business model has been that the ownership by a competing leasing company, albeit one that is US-based, compromises our ability to be truly objective and independent.

“To clearly address this misconception, as we will never be a leasing company, we have completed a management buyout.”



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