• Three major companies have joined forces to form a

20th October 1988, Page 13

20th October 1988

Page 13

Page 13, 20th October 1988 — • Three major companies have joined forces to form a

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Keywords : Business Law, Contract Law, Fitzwilton, Vehicle Leasing, Norfolk, Virginia, Finance Lease, Leasing, Aldershot, Landau, Business / Finance

new vehicle leasing business, Norfolk Finance. "Within five years, we hope to be running a fleet of 10,000 vehicles," says Norfolk's managing director Steve Landau.

The three founders are The Keep Trust, which has substantial motor distribution industry interests, the investment company Fitzwilton and the Irish Intercontinental Bank. An initial borrowing facility of 220 million puts Norfolk among the 40 largest UK contract hire/finance lease . companies. "The deal was set up over the summer and we are now recruiting staff and looking for premises in Aldershot," says Landau.

• Three major companies have joined forces to form a

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