Nexus Vehicle Rental has announced the acquisition of Adapted Vehicle Hire Limited (AVH) for an undisclosed sum. The acquisition, backed by ISIS Equity Partners, secures Nexus in the significant niche sector of adapted vehicle rental.
This latest acquisition reflects the intention of Nexus to consolidate its position as a strategically important provider of business to business vehicle rental services, rental management and rental systems across the spectrum of business users.
"We are delighted to welcome AVH into the Nexus Group” confirmed Neil McCrossan, CEO, Nexus Vehicle Rental. “AVH provides best-in-class service provision to its customers and we aim to build on these strengths in order to grow the business going forward. In particular, this acquisition strengthens the Nexus vehicle rental offering by securing a key niche supplier for a sector that is growing in importance as a consequence of disability discrimination legislation.
“I believe this acquisition puts Nexus in a much stronger position in the vehicle rental marketplace as a whole, enabling us to continue to offer a high quality – and more comprehensive service than ever before - to both our existing and a new group of customers.”
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