The acquisition of PHH Arval has been finalized by Element Financial Corporation. The transaction increases the size of the Companys portfolio of fleet assets to $6 billion. The combined employee base will serve customers through Element Fleet Managements US head office in Sparks, Maryland and its Canadian head office in Mississauga, Ontario, supported by the Arval global alliance that will service 40 countries beyond North America.
Jim Halliday, president of Element Fleet Management, answers questions about the deal: Q & A about PHH/Element and what it means to the fleet management industry
The Article Jim Halliday on the Element Acquisition of PHH Arval appeared first on Automotive Digest.