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.”

 

 

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment

Comments

No comments have been made yet.

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee