Bridle Group has acquired Fulton Vehicle Leasing for an undisclosed sum, adding another company to its growing portfolio.
Companies in Bridle Group, which was founded in 1969, provide vehicle leasing, fleet management and insurance services to companies and private individuals across the UK.
Its latest acquisition sees the group introduced fleet size increase to more than 30,000 vehicles.
Founder of Fulton Vehicle Leasing, Gary Swallow, leaves the business having started the operation in 1986, as does director Eddie Mason.
Co-Director Tano Di Girolamo will remain in his capacity as managing director, having served the company for more than 20 years.
Fulton’s team also remains intact with many having worked there for more than 10 years.
Chairman of Bridle Group, Stewart Donald, said: “It’s no mean feat to have been around for 30 years and still have one of the founder directors involved in the business.
“Tano’s continued involvement embellishes the desire to stay ahead of the game and we are delighted to add such a prestigious business and brand to our group of companies."
Di Girolamo said: “We have pushed back on becoming solely an internet-based transactional business, but have embraced change and this exciting opportunity offers me the investment and support to ensure we remain competitive and efficient”.