Workflow
Pink Car Leasing
icon
Search documents
GKL Leasing acquires Total Motion for undisclosed amount
Yahoo Finance· 2025-10-27 16:23
Core Insights - GKL Leasing has acquired Total Motion Limited (TML) effective 22 October 2025 for an undisclosed amount, enhancing its position in the vehicle leasing market [1][6] - The acquisition aims to leverage best practices from both companies while focusing on customer relationships and service quality [2] Company Overview - TML, founded in 2003, operates the Pink Car Leasing brand and is recognized as a well-respected business in the industry [3] - The existing management team of TML will remain in place to ensure continuity in operations and client relationships [3] Ownership and Management - GKL Leasing is owned by James and Anthony Kenning, representing the fifth generation of a business lineage dating back to 1878 [4] - Richard Kenning, who re-established the company in 1987, continues to serve as Non-Executive Chairman, with senior managers acknowledged for their long-term contributions [4] Transition Management - During the transition, Robert Sayers, a long-standing director of GKL Leasing, will act as Interim Group Managing Director, supported by the Board [5]