Johnson & Perrott Acquires Walden Leasing & Fleet Management Ltd.

Johnson & Perrott Acquires Walden Leasing & Fleet Management Ltd.

04 February 2013

One of Cork's longest established companies, Johnson & Perrott Motor Group has today announced the purchase of the business and assets of one of Ireland's most respected contract hire companies, Walden Leasing & Fleet Management Ltd. 

The acquisition is part of the on-going investment into the fleet management division of the group - Johnson & Perrott Fleet.  Larry Dunne, Managing Director of Walden Leasing & Fleet Management will be joining Johnson & Perrott Fleet as Sales Director. 

Speaking of the investment Mark Whitaker, Group Chief Executive of Johnson & Perrott Motor Group stated "We are delighted to welcome Walden Leasing & Fleet Management into our organisation.  The company has such a strong pedigree within the industry, headed up by one of the most respected personalities in the Industry.  Together we will be the fastest growing Fleet Management business in the country." T

he Johnson & Perrott Group was founded in 1810, as a carriage builder and its continued success has been based on its ability to change and adapt throughout its long history. 

Mark added "This investment is a very important step in the development of our contract hire and fleet management business and will increase both our fleet size and our investment by over 25%.  This follows on a successful and profitable years trading for the Group and the recent appointments of Mr Harry Lorton and Mr Michael Herbert to the Board.  Together with a number of key accounts recently secured, the business will now be managing almost 2,000 vehicles.  We will continue to invest heavily in our fleet management division as part of our strategic development plan for the coming three years and we will also be carefully looking at a number of other opportunities for the business to grow through acquisition." 

At the announcement of the acquisition, Managing Director of Walden Leasing & Fleet Management, Larry Dunne said "By joining Johnson & Perrott Fleet we are providing our clients with the security of a company that has the same ethos around Customer Service as we have at Walden's.  The Walden Group was established over 85 years ago and now we are joining a company established over 200 years.  Between our two companies we have almost 300 years' experience delivering for our customers.  Together we will use this knowledge to grow into the most competitive and customer focussed fleet management business in Ireland." 

Johnson & Perrott Fleet General Manager Gerry Madden stated "It's a very exciting time for Johnson & Perrott Fleet and I am personally looking forward to working with Larry, who I already work alongside on the Vehicle Leasing Association of Ireland Council.  While 2013 is going to be a very challenging time for the industry as a whole, we believe that by joining forces like we have with Walden's we will be in a very strong position to take advantage of the expected economic upturn in the coming years." 

For further information on the Johnson & Perrott Group visit www.jpmg.ie