Error parsing XSLT file: \xslt\FacebookOpenGraph.xslt Zenith not done on acquisition trail
Cookies on Businesscar

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive all cookies on the Business Car website. However, if you would like to, you can change your cookies at any time

BusinessCar magazine website email Awards mobile

The start point for the best source of fleet information

Zenith not done on acquisition trail

Date: 02 September 2008   |   Author: Tom Webster

Zenith Vehicle Contracts could be eyeing further acquisitions after its recent purchase of cash for car specialists Provecta.

"If the right opportunity came along and it adds value then we'll look at it," said Zenith's commercial director Gerry Moon.

He ruled out the prospect of Zenith impulse-buying companies for the sake of it, however, saying: "I've seen too many companies go on the acquisitions trail."

Instead he stressed Zenith will make sure everything is tied up after the purchase of Provecta, which was completed in May for an undisclosed sum.

"If you buy a business it's important you put the time into completing the integration," Moon said.

"We did look at other companies when we bought Provecta, but this was most appropriate. It fitted from a culture and product perspective."

The integration process of Zenith and Provecta will see the two companies cross-selling to each other's customers. Neither plans to cut back in terms of fleet size or services offered.

"It is now the 'Zenith Provecta' business - we see it as one," said Moon. "We will slowly but surely integrate all parts of the businesses. The objective is to operate off the one platform, and that will be Zenith's."