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.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Family set for dispersal sale at Shropshire farm after 63-year stayA family linked to a Shropshire farm for more than 60 years will hold a dispersal sale this weekend.
Read more »
Shropshire Farming Talk: Make memories but remember to do so safely and responsiblyThere’s nowhere quite like the great British countryside with its rolling hills and luscious green fields.
Read more »
Charity calls it a day after raising more than £3m for Shropshire hospital since 1985A charity which raised more than £3m for a county hospital has finally called it a day – signing off with a £125k donation.
Read more »
Revealed: The cheapest and most expensive places to buy a house in ShropshireIn recent decades it has become increasingly difficult, particularly for first-time buyers, to get a reasonable mortgage offer. With that in mind, we've been looking into Shropshire's housing market, to work out which postcode is the most affordable.
Read more »
Public meeting over 31-mile steel pylon route planned to stretch from Mid Wales into ShropshireA 31-mile electricity pylon line planned to stretch from Mid Wales into Shropshire will be discussed at a public meeting later this month.
Read more »
A look around five fabulous barn conversions fresh on the market in ShropshireShropshire's housing market has been awash with beautiful barn conversions over the last couple of weeks.
Read more »