Lombard has had another successful month,
having signed a £12 million (€14 million) deal with the Automobile
Association (AA) to supply 167 recovery vehicles.
The asset finance company, which has
already provided the AA with around 2,400 assistance vans and other
types of vehicles, will supply the new vehicles between now and the
end of 2010 under a five-year operating lease agreement.
Go deeper with GlobalData
Last month, Lombard also signed a £3
million coach deal with Moffat & Williamson, a Scottish coach
operator, to renew its fleet. The Fife-based coach operator has
launched a rolling programme of investment in its 63-strong fleet,
made up of school buses, service vehicles and luxury coaches, and
intends to acquire more vehicles.
Separately, Lombard also announced that
it had financed a £0.5 million Heidelberg press for Provincial
Printing & Publishing, a Cardiff-based printer. The deal was
financed through the NatWest and RBS SME Regional Fund, which is
making £250 million of funding available to SMEs in Wales in
2009.
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
