UK commercial banking group Close Brothers has formed a new leasing and rentals division by amalgamating three business divisions which operated under the Close Brothers Asset Finance banner.
Close Brothers Leasing, Close Brewery Rentals and Close Brothers Commercial Vehicle Solutions will come together under the leadership of Neil Davies, who will be promoted from managing director of Close Brothers Leasing to chief executive of the new division, to be called Close Brothers Leasing and Rentals.
Go deeper with GlobalData
Davies described it as a "very exciting opportunity" and said: "Our aim is to allow increased focus on the opportunity the rentals market presents. We plan to grow this business relatively quickly and the restructure will help us to achieve that."
Other appointments include Paul Bartley and Peter Godwin as managing director and commercial director respectively of Close Brothers Leasing and Rentals and Paul Sherman as managing director of Close Brewery Rentals.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
