GKL Leasing buys Total Motion

GKL Leasing has bought Total Motion Limited (TML) for an undisclosed amount, bringing together two successful family businesses in a move which GKL described as “great opportunity for both businesses and for their staff and customers.”

Overseen by the Financial Conduct Authority who authorise both companies in respect of regulated activities, the merger takes the form of GKL Leasing acquiring 100% of the shares in TML.

TML was founded by Simon and Caroline Hill in 2003 and its operations include the Pink Car Leasing brand.

Claire Timms and Fraser Hill, members of the current management team, will continue to manage the business and maintain old and new customer relationships. Richard Kenning will remain on the board of GKL Leasing as non-executive chairman.

For the initial period the combined businesses will ultimately be managed by Robert Sayers, a long standing director of GKL Leasing, as Interim Group Managing Director, with close support from the board.