Fleet News

GKL Leasing buys Windsor Vehicle Leasing

GKL Leasing has acquired 100% of the shares in Windsor Vehicle Leasing, with the deal approved by the Financial Conduct Authority (FCA).

The two companies have said they will work closely together to maintain or improve personal relationship with customers, while exploring efficiencies that can be made without affecting customer service. They also said they would improve traction with manufacturers and other suppliers.

Philip Smith and Ben Newton will remain as directors of Windsor Vehicle Leasing with Richard Kenning, managing director of GKL, joining the board of directors.

GKL was ranked 40th in last year’s FN50 – a survey of the top 50 contract hire companies in the UK – with 2,427 vehicles on its risk fleet (1,969 cars and 458 vans).

Windsor Vehicle Leasing was placed 48th in the listing, with 1,022 units on its risk fleet, consisting of 809 cars and 213 vans. 

Click here for fleet funding best practice and procurement insight

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


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