A SCOTTISH firm has been acquired by an American car rental giant.
Avis Budget Group, a global provider of transportation solutions, announced the acquisition of McNicoll Vehicle Hire on Monday, a specialist in the car and van rental sector operating in Edinburgh and the surrounding areas.
McNicoll Vehicle Hire is headquartered in Newbridge, just west of Edinburgh, and operates with a varied fleet comprising of vans and cars.
The acquisition sees Avis Budget Group grow its footprint in Scotland.
“McNicoll Vehicle Hire has built a strong reputation for delivering an exceptional level of service to their customer base and the Scottish market”, said Alan Olivier-Smith, Avis Budget Group UK general manager.
“Investing in Scotland, broadening our vehicle rental offering, and working alongside a locally owned and well-renowned business is a core focus for us from a business and cultural perspective. As we venture into this exciting partnership, we look forward to building on the McNicoll team’s passion and expertise for short-term and long-term vehicle hire”, he added.
Speaking on the acquisition, McNicoll managing director, David Stewart said: “We’re really pleased to be working with Avis Budget Group who have recognised our reputation as a reputable and trustworthy Scottish brand known for providing a premium service, in the knowledge that their global esteem can help further grow our local legacy.
"The values of Avis Budget Group are strongly aligned with those of McNicoll and our combined vision for the future gives our talented local staff amazing opportunities to develop their careers. By combining the strengths of the two companies, we are able to provide our loyal customer base with an even better rental experience whilst also attracting new customers across Scotland. We’re very much looking forward to a bright future.”