CCL Vehicles Rentals, a leader in national accident management services, has been acquired by Hertz UK.
It will now function as a fully-owned subsidiary of Hertz, which plans to benefit its customers with the extensive fleet of CCL, its network of locations throughout the UK and its innovative services and products.
CCL will continue to invest in electronic processing systems and insurance rentals with finance from Hertz. The company will be able to build further relationship with body shops, brokers, dealerships, insurers and manufacturers as well.
On the other hand, it will facilitate the entry of Hertz into the UK. Hertz already has successful track record in the US and can tap the billion-pound car insurance market in the United Kingdom too.
Michael Taride, President, Group RAC, Hertz International expressed excitement regarding the presence in the billion-pound UK market and the company’s off-airport expansion strategy. Hertz plans to build on CCL’s extensive infrastructure and existing lease replacement service in the UK and thus offer competitive and convenient alternative to currently dominating service providers.
Together, innovative technological solutions of CCL and growing network of Hertz will offer consistent service and support in the UK.