Shropshire vehicle hire firm aims to double fleet with major new investment

📆 29/04/2024 11:06:00
📰 ShropshireStar

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A Shropshire-based car and light commercial vehicle rental provider is targeting plans to more than double the size of its fleet in the next three years thanks to new investment.

Bayfield Vehicle Hire, with offices in Telford, and Shrewsbury, is set to benefit from new backing from HRM Holdings in a deal supported by FRP Corporate Finance.

The deal will enable Bayfield to pursue further growth, with plans in place to expand its vehicle fleet by around 40 per cent by 2025, and to have doubled it by 2027. Peter Mellor, managing director at Bayfield Vehicle Hire, said: “We have a strong reputation locally, which gives us a solid base from which we can pursue our growth ambitions while maintaining the quality service Bayfield is known for.

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