Northgate PLC
03 February 2006
3 February 2006
NORTHGATE PLC ('Northgate')
ACQUISITION OF ARRIVA VEHICLE RENTAL LIMITED
('AVR' or the 'Company')
Northgate PLC, the UK's leading specialist in light commercial vehicle hire,
announces that the completion of the acquisition of the entire issued share
capital of AVR, a prominent UK commercial vehicle hire company, from a
subsidiary of Arriva plc, took place earlier today.
For further information, please contact:
Northgate plc 01325 467 558
Steve Smith, Chief Executive
Gerard Murray, Finance Director
Hogarth Partnership Limited 020 7357 9477
Andrew Jaques
Barnaby Fry
Notes for Editors:
Northgate
Northgate plc rents light commercial vehicles and sells a range of fleet
products to businesses via a network of hire companies. Their NORFLEX product
gives businesses access to a flexible method to acquire as many commercial
vehicles as they require.
Further information regarding Northgate plc can be found on the company'
website: http://www.northgateplc.com
Arriva Vehicle Rental
As at 30 June 2005, AVR had a fleet of 11,769 vehicles, of which 8,616 were
light commercial vehicles, 485 heavy commercial vehicles and 2,668 cars. AVR
employs 655 employees, of whom 140 are part-time employees
Further information on AVR can be found at www.arrivarental.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.