Shipbuilding and support services firm VT Group has bought four vehicle support businesses for 87 million pounds in cash from RAC, part of insurer Aviva . The businesses’ activities include fleet management and administration, maintenance, repair and logistic support. VT said on Friday the acquisitions would be funded with a combination of the group’s existing cash and a new debt facility.
Green Marine
about 20 years ago
VT Group buys four support service firms
Shipbuilding and support services firm VT Group has bought four vehicle support businesses for 87 million pounds in cash from RAC, part of insurer Aviva . The businesses’ activities include fleet management and administration, maintenance, repair and logistic support. VT said on Friday the acquisiti
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