Mycardirect acquires Rental Company

Mergers & Acquisitions | South East | Transport & Distribution

Mycardirect has announced the acquisition of Avalon Vehicle Rental, and a move to larger offices in Hemel Hempstead. Following the acquisition, Avalon has been rebranded as Mycardirect Rental.

This tactical business expansion creates a one-stop shop customer proposition, as it builds on the previous strengths of the Mycardirect subscription service.

The new, purpose built head office, based in Hemel Hempstead, provides easy access to the UK motorway network and, crucially, room for future expansion. While the business currently employs 32 staff, there are plans for significant growth over the next five years. The new facility provides the capacity for this planned growth.

Mycardirect CEO Duncan Chumley said: “I am absolutely delighted with the progress we have made over a very short period of time. The acquisition of Avalon Vehicle Rental significantly strengthens our customer proposition and our new offices create a superb environment for the Mycardirect team and our expansion plans.”

Avalon Vehicle Rental, Chief Operations Officer Liz Elstub, said: “I am very excited about the new Mycardirect venture which combines subscription and rental to provide customers with the ultimate flexibility when choosing a vehicle. There is huge potential for growth. Together, our two teams cover a wide range of vehicle solutions for both corporate and private customers.”

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