Global Vans and XLCR join forces to create new van and car leasing giant

Global Vans and XLCR Vehicle Leasing have joined forces to become a ‘super broker’ in the van and car leasing market.

Both businesses will continue to have the same management and retain their individual brands and identities.

XLCR CEO Lee Duerden and Managing Director Shaun O’Neill will join the executive board of Global Vans, which is led by Andrew Hurst, CEO of Global Vans (pictured).

Hurst commented that the two companies share the same vision to become the UK’s “best and most innovative tech enabled SME specialist broker for LCVs and cars, their electrification, insurance and ancillary products”

Duerden explained that, in March 2022, XLCR watched in “awe and admiration” as Global Vans secured the private equity backing from H2 Equity, a private equity firm.

“To be then asked to join them both on their journey, to build the biggest and best SME focussed car and van leasing ‘super broker’ was an opportunity not to be missed.

“Together, along with our respective teams, we have the vision and ability to become a market leader in this highly specialist B2B space.”

Global Vans, supplier of new light commercial vehicles in the UK, was founded in 2002 with its head office in Bristol and a second office in Hemel Hempstead.

XLCR is a tech-led supplier of new and used cars and vans in the UK. It was founded in 2000 and has its head office in Colne, Lancashire.