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BRS spends £40m with new owner

12th February 1998
Page 7
Page 7, 12th February 1998 — BRS spends £40m with new owner
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Which of the following most accurately describes the problem?

• Just two weeks after BRS's takeover by Volvo Contract Services, the truck rental firm has placed an order for a fleet of 1,200 new Volvos. The 240m order is for 500 tractive units and 600 rigids. At the time of its sole, BRS said it would maintain a mixed fleet.

Iveco Ford Truck has bought Securicor's 50% stake in its contract-hire division, EuroTruck Contracts. This effectively takes the whole operation back in-house, but Securicor will continue to provide fleet management expertise.

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