Yorkshire car lease group acquired by North West competitor

New Car Deals has been acquired by Stockport-based national car leasing company Vehicle Consulting UK for an undisclosed sum.

Operations have now been fully merged with those based at Vehicle Consulting’s own head office in Stockport, where it currently has a team of 23.

Vehicle Consulting managing director, Lee Wolstenholme, said: “This represents a significant step forward in the realisation of our business’s expansion plans.

“The board, which includes key investor Andrew Brode, is eyeing growth through acquisition, investment and the recruitment of experienced people into its team.

“The vehicle leasing industry is undergoing some of the most significant changes ever seen, with the phasing out of petrol and diesel cars, and the need for the UK to invest significant sums into its electrification strategy.

“We are moving our business forward and preparing well in advance for those changes.

“With secure funding lines in place, we are actively looking for more opportunities to expand our fleet business, to meet the needs of future generations of business motorists.”

He added: “New Car Deals had a great reputation in the market, especially with its customer service provision.

“We have been able to bring some of that expertise over to Stockport, to further strengthen our team here.

“Delivering the very best customer service, coupled with driving fleet sales, is core to our operations.”