Zenith has brought its commercial vehicle operations together under the Zenith Commercial brand.
The move is the latest phase of the FN50 leasing company’s integration strategy and follows the acquisition of Cartwright Fleet Services, finance sales and rentals businesses from administrators in September 2020.
Martin Jenkins, CEO of Zenith Commercial and group strategy director, said: “Through a combination of organic growth and acquisitions, we have created the UK’s leading commercial vehicle leasing, rental, maintenance and fleet management business with more than 50,000 vehicles under direct contract and incorporating a 7,000-strong specialist trailer rental fleet.
“The company also has a significant presence in the white label service market.
“The combined scale and breadth of our operations means our servicing and maintenance capabilities have been materially enhanced with the combination of direct delivery capability through one of the largest mobile technician fleets in the UK, strategically located in-house workshops and on-site vehicle maintenance unit teams, and our extensive national network of third-party specialist repair agents.”
Zenith Commercial comprises the existing legal entities Contract Vehicles Limited (CVL) and Contract Vehicles Fleet Services Limited (CVF) which will both now trade as Zenith Commercial Fleet Solutions, and Contract Vehicles Rentals Limited (CVR) which will trade as Zenith Trailer Rentals.
Together the businesses comprise the commercial vehicle division of Zenith under the management of an executive board led by Jenkins.