Bank of Ireland UK has announced the purchase of Marshall Leasing Limited from Marshall Motor Holdings for £42.5m.
When the deal is complete, Marshall Leasing will become part of Northridge Finance, Bank of Ireland UK's car and asset finance business
Based in Cambridgeshire, Marshall Leasing provides a range of contract hire fleet services including fleet management, risk management, contract purchase and daily rental.
It is focused on the SME sector and has a fleet of more than 6,000 vehicles.
Northridge Finance provides personal and commercial asset finance for the motor dealer, finance broker, and morporate markets in the UK.
