Motability Operations is poised to expand its de-fleet services with the acquisition of a 22-acre facility from Fleet Auction Group.
The company that specialises in the provision of vehicles to disabled motorists has agreed a deal to acquire the remarketing business’s site at Coalville, Leicestershire, as the remarketing provider prepares for its move to a new multi-million-pound auction centre.
Commenting on the agreement, Fleet Auction Group chairman Martin Betts said: “Bringing Motability Operations to Coalville, to create a state-of-the-art vehicle conditioning centre, will leave a lasting legacy and be a positive contribution to the regeneration of the local area.”
The Fleet Auction Group has worked with Motability over the past 20 years, providing logistics and remarketing services and, in association with IT Fleet, comprehensive refurbishment services.
A statement issued by the business today (July 18) revealed that it will continue to operate from the Coalville site as it awaits the completion of a new multi-million-pound centre, currently under construction in Leicestershire and due for completion in October 2022.
It said: “Once completed the new facility will enable the group to offer additional de-fleet services for new and existing customers, and increased sales volumes for its buyers.”
Last summer the National Association of Motor Auctions (NAMA) appointed Fleet Auction Group (FLAG) chief executive Andrew Walker as its new chairman.