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Countryside via Via

26th April 1990, Page 16
26th April 1990
Page 16
Page 16, 26th April 1990 — Countryside via Via
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Which of the following most accurately describes the problem?

• Via Truck Rental, the UK subsidiary of the French Transport Services Group Gil, has bought Hertfordshire-based Countryside Hire. The deal is the result of six months of negotiation, and doubles Via's UK fleet to 1,000 vehicles. Via — which is part-owned by Renault Truck Industries — has acquired 85% of the Countryside equity. According to Via managing director John Harris, this is his company's first move towards becoming a leading player in the UK commercial vehicle rental and contract hire market. Via has been looking for suitable acquisitions for more than a year. More additions are expected soon.

Countryside is a longestablished family firm; its management stays unchanged.