- Pictured above are Rod Lloyd, CEO of lcv group, finalising the acquisition of Julie Summerill’s TR Fleet
THE lcv group, one of the UK’s leading providers of vehicles into businesses, has acquired a high-profile national fleet services provider.
The Neath-based company has completed the purchase of TR Fleet, a specialist in consultancy, policy advice, and management services.
Lcv group said that TR Fleet would continue to operate under its existing name. All existing staff, including Managing Director Julie Summerell and Fleet Administrator Sunyia Sarfraz, would continue in their roles.
In 2022, the lcv group underwent a major rebrand. Formerly known as Low Cost Vans, the new name reflects their ever-growing product range which includes cars, short term hire and fleet services, an offering which has been further bolstered with the addition of TR Fleet.
TR Fleet will continue to service existing customers, while introducing new SME fleet operators to its popular DriveSecure app, a risk management tool. The app will continue to be supported by previous investors Safo, with whom the lcv group says it’s “looking forward to a long business partnership with.”
Julie Summerell added she was looking forward to working with a company that shared her vision, and with a CEO who has long supported her in the industry.
The acquisition, which completed on 01 April 2023, was overseen by Director of Operations Zoe Field.
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