Lex Autolease has signed a five-year contract worth £3.7m (€4.4m) to manage the 140-vehicle fleet of Belfast-headquartered utilities infrastructure manufacturer Powerteam.
The fleet consists of vans, specialist vehicles and 4x4s, covering Powerteam's clients, including Scottish and Southern Energy, Scottish Power, Northern Powergrid, Electricity North West and Electricity Supply Board.
The first move of the contract was the sale and lease-back of the entire Powerteam Fleet, arranged by Lex.
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