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RED Driving School acquires NFE Group
Date: 13 March 2020 | Author: Illya Verpraet
Backed by a number of private equity firms, RED Driving School has acquired driver training firm NFE.
NFE offers a range of training courses to business customers including risk assessments, advanced driver training, trailer training and stress management, so the acquisition substantially expands RED's share in the fleet driver training sector. NFE will continue to be led by its CEO Andy Neale from its headquarters at Donington Park.
Red CEO Ian McIntosh commented: "RED has developed into one of the most successful driving schools in the UK and it was logical move for us to move into the fleet driver training market.
"With the acquisition of the NFE Group with its very experienced management team, we will be very well equipped to meet the needs of our clients across the UK, and further consolidate our position in this very important market for us."
Neale said: "NFE has worked hard to get to where it is in the fleet risk management industry and has also developed a leading position in the health and wellbeing market related to driver training.
"Now with the support and backing of the RED team, we are very excited about the future opportunities that this will bring. Having spent some time looking around for the right fit we are delighted to be joining the RED brand to continuing our journey."
