Lookers has acquired Fourways Vehicle Solutions Limited, a vehicle hire and brokerage business based in Whitchurch, Shropshire.
The business provides a UK-wide vehicle rental service, and manages in excess of 7,000 rentals per annum and in 2022 had total revenue of £3.8m.
Lookers said that it sees significant opportunity for Fourways to grow its market share and to cater for Lookers own rental requirements at lower cost and with greater certainty.
Fourways will sit within Lookers Vehicle Solutions.
Mark Raban, chief executive officer, said: “We are very excited to welcome Fourways to Lookers. Over the last 20 years, the team have built a reputation for providing industry-leading service to many high-profile customers seeking corporate vehicle solutions.
“With the consolidation of our own leasing business now complete, we are excited to add further scale to the division. Fourways is another step on our journey to grow our leasing and fleet platform, building and improving our offering for an increasing customer base.”