Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Esanda acquires Australian business

News Release
December 5, 2001

Esanda acquires Australian business

Esanda Fleet Partners (EFP) has acquired Melbourne-based PL Lease Management Pty Ltd (PLLM) for an undisclosed sum.

PLLM is a privately-owned fleet management and leasing company with operations in Victoria, New South Wales, Queensland and Western Australia. It has a significant customer base of small-to-medium businesses.

The purchase brings to nearly 40,000 the number of vehicle units under lease with EFP in Australia and New Zealand. PLLM will grow EFP in Australia by a third of its current size says EFP New Zealand Marketing Manager Garth Stirrat.

Mr Stirrat says the acquisition is a sign of the commitment that EFP has to being a market leader in Australia and New Zealand.

“This acquisition is indicative of the confidence a growing market can bring and I think you can watch this space for further moves,” Mr Stirrat says.

He believes the acquisition puts EFP near the top if not the top position in Australasia in terms of units under contract. The enlarged Australian business ranks third in that market.

Mr Stirrat says the integration of the two businesses should be completed by the end of the year.

In New Zealand, EFP manages fleets for a range of clients in the construction, distribution, brewing and IT industries.

Esanda Fleet Partners is a member of the ANZ group of companies.


ends

Issued by Pead PR for Esanda Fleet Partners

Contacts:
Brent Knight, General Manager, Esanda Fleet Partners, Tel: 0-9-570 3900
Deborah Pead, Pead PR, Tel: 0-9-918 5550

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Manawatu-Whanganui Projects: PGF Top-Up To Rural Broadband Roll-Out

The government has effectively raided the $3 billion Provincial Growth Fund to top up the budget for the second phase of its rural broadband initiative, filling in mobile 'black spots' and ensuring broadband is available to marae that don't have access now. More>>

ALSO:

Other Windy Cities: Auckland-Chicago Named A Top 10 ‘Most Exciting’ New Route

The inclusion of Auckland-Chicago on Lonely Planet’s Where to fly in 2019? The 10 most exciting new flight routes list comes just two weeks before Air New Zealand prepares to celebrate its inaugural flight to Chicago’s O’Hare International Airport on 30 November. More>>

Deadly Strain: ESR Ups Its Reporting On Meningococcal Disease

The increasing number of cases of Group W Meningococcal disease (MenW) has prompted ESR to increase its reporting on the disease to the Ministry of Health. ESR has upped its reporting to weekly. More>>

ALSO:

Very Small Things: "Game-Changing" 3D Printing Technology Launched

New Zealand microfabrication researchers Andrea Bubendorfer and Andrew Best, the co-inventors of a new way of fabricating very small things with Laminated Resin Printing (LRP), are part of Callaghan Innovation’s MicroMaker3D team launching the new patent pending technology in the US this week. More>>

ALSO: