3rd Feb 2006 16:18
Northgate PLC03 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 sharecapital of AVR, a prominent UK commercial vehicle hire company, from asubsidiary 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 fleetproducts to businesses via a network of hire companies. Their NORFLEX productgives businesses access to a flexible method to acquire as many commercialvehicles 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 werelight commercial vehicles, 485 heavy commercial vehicles and 2,668 cars. AVRemploys 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 ExchangeRelated Shares:
Northgate