In one of the biggest Pan-European fleet deals ever concluded, Rentokil Initial has signed a 16-country supply agreement with GM Europe worth £100 million at showroom prices over four years.
In the UK, Vauxhall Motors will supply Rentokil Initial with primarily Astras and Vectras for its fleet of 3,600 cars, and also car-derived vans and light commercial vehicles up to 3.5 tonnes for its 1,900 commercial vehicle fleet. The deal replaces a primarily Ford single badge arrangement in the UK.
The huge agreement was awarded to GME Europe after Rentokil Initial, which is listed 53rd in the FTSE index of top 100 companies with a market capitalisation of almost £4bn, embarked on a coordinated global procurement exercise that initially covered 20 priority categories of spend including vehicles, electronic security products and textiles.
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