URA Ventures Limited, trading as GKL Leasing, has acquired 100 per cent of the shares in Total Motion Limited (TML), effective 22 October 2025, for an undisclosed amount. Both companies are authorised by the Financial Conduct Authority for regulated activities.
The deal establishes a partnership between two family-owned vehicle leasing businesses. According to GKL, the arrangement will allow both firms to “benefit from the best practices of each” while maintaining a focus on customer relationships and service quality.
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TML, founded in 2003 by Simon and Caroline Hill, operates the Pink Car Leasing brand and has grown into what GKL described as a “well-respected business.” The existing TML management team, including Claire Timms and Fraser Hill, will remain in place to oversee operations and maintain client relationships.
James and Anthony Kenning, the ultimate beneficial owners of GKL Leasing, represent the fifth generation of a business lineage dating back to 1878. The company was re-established under Richard Kenning in 1987, who continues to serve as Non-Executive Chairman.
GKL’s Board has also acknowledged the long-term contributions of senior managers Simon Blake, John Stevenson and Tim Norton.
During the transition period, the combined businesses will be managed by Robert Sayers, FCA, a long-standing director of GKL Leasing, who will act as Interim Group Managing Director with support from the Board.
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By GlobalDataGKL stated that the transaction represents “an opportunity for both businesses, their staff, and their customers.”
