NEXUS acquires Adapted Vehicle Hire Limited
Acquisition of Specialist Adapted Vehicle Rental Business Improves Accessibility for Disabled Drivers
June 17th 2010 - Leading business vehicle rental provider, Nexus Vehicle Rental, has announced the acquisition of Adapted Vehicle Hire Limited (AVH) for an undisclosed sum. The acquisition, backed by ISIS Equity Partners, secures Nexus in the important adapted vehicle rental market and enhances access to these specialist vehicles for disabled drivers, their employers and carers.
Nexus is one of the UK's largest vehicle rental companies and a pioneer of paperless rental trading through its innovative IRIS system, providing an exceptionally streamlined approach for users. AVH was founded in 2005 and specialises in renting adapted cars and vans throughout the UK to people with disabilities. With locations in Uxbridge, Greater London and Chorley, Lancashire, it responds to the adapted vehicle requirements of individuals and businesses right across the country, complementing the already comprehensive vehicle rental service offered by Nexus.
"We are delighted to welcome AVH into the Nexus Group confirmed Neil McCrossan, CEO, Nexus Vehicle Rental. "AVH provides best-in-class service provision to its customers and we aim to build on these strengths in order to grow the business going forward.
"Disability discrimination legislation is clear that individuals with disabilities must be treated in the same way as able-bodied individuals and that must include access to rental vehicles. We are, therefore, delighted to be able to offer that service both direct to disabled drivers and to their employers, carers and insurers when they require replacement vehicles.
