CLM completes management buyout from Maxxia Group.

Auto Business News-June 14, 2022--CLM completes management buyout from Maxxia Group

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Auto Business News - 14 June 2022

CLM, a UK-based fleet management company, has completed its management buyout (MBO) from the Maxxia Group, a part of the Australian McMillan Shakespeare Group, for an undisclosed sum.

Maxxia had purchased the firm in 2013, as it sought to strengthen its UK operations. The MBO team stated that the acquisition is intended to expedite opportunity and grow CLM as a provider of independent fleet management services, including panel funding, vehicle...

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