LDC exits SMH Fleet Solutions
15 Sep 2021
LDC has helped SMH to build on our position as a leader in the UK vehicle management and logistics sector over the last three years. We are now well positioned to support Cazoo’s strategy to provide the best car buying and selling experience in the UK. Our teams across the UK are looking forward to continued growth under the Cazoo umbrella.”
Chris Handy, Director at LDC in the Midlands, said: “SMH is fantastic example of a local Midlands business achieving its ambition to expand. It has continued to invest heavily in its infrastructure and technology so it’s no surprise it has attracted interest from a fast-growing multi-billion-dollar business. We wish Tim and the team all the best in the next stage of SMH’s journey.”
SMH and LDC were advised by NM Rothschild and Gateley Legal.