Santander Consumer Finance has announced the acquisition of CLM Fleet Management.
The deal is said to mark a significant milestone in Santander Consumer Finance’s growth and expansion plans within the UK leasing sector, and to be in line with Santander Group’s Europe-wide ambition to become a major contract hire provider to company car fleets.
CLM Fleet Management has been managing fleets of cars and commercial vehicles for more than 40 years.
Santander Consumer UK sales director Adam Harley (pictured) said: “Acquiring CLM Fleet Management allows us to significantly accelerate our growth strategy in the UK leasing market.
“By integrating CLM Fleet Management’s expertise and resources with our own, we are positioned to offer an expanded range of leasing solutions, catering to a broad customer base and enhancing our service capabilities.”
CLM Fleet Management chief executive officer John Lawrence said: “The CLM team are excited to be playing a key role in supporting Santander Consumer Finance’s growth within the UK leasing sector through our comprehensive range of fleet management services.
“At the same time, we will continue to work closely with our supplier partners to ensure the highest levels of service are maintained for our existing customers.”
