News: LCV Group joins Global Vans & XLCR

The LCV Group is teaming up with XLCR and Global Vans to join the Global Vehicle Group, a powerhouse in van and car leasing! This move strengthens our commitment to offering the best vehicle solutions, with expanded services and expertise.

Today we reveal the exciting news that The LCV Group will come together with XLCR and Global Vans. This union will make the Global Vehicle Group, as a tech-enabled, SME focussed, van and car leasing broker business; an industry leading player.

The LCV Group, which specialises in the sale of light commercial vehicles to business customers, is hugely complementary in terms of ethos, customers and skill sets to the existing businesses within the group. Together, the three businesses will share initiatives and know-how, with the goal to ultimately offer customers a wider range of the services they require.

The businesses will continue to have the same management, and will retain their strong individual brands and identities. Rod Lloyd, MD of The LCV Group will work in consultation with the executive board of the Global Vehicle Group, which is led by CEO Andrew Hurst.

Andrew Hurst commented that this was a great tie-up with another fantastic business that shares the Group’s vision to become “The UK’s best and most innovative, tech-enabled, SME specialist broker for LCVs and cars, their electrification, insurance and ancillary products”

Rod Lloyd, went on to say “ I’ve known Andrew and the XLCR business for a long time and when we spoke about The LCV group becoming part of The Global Vehicle Group I knew LCV would be in safe hands and they would invest to facilitate further growth. It’s a fantastic opportunity and LCV will remain as a strong brand within the new group. I’m excited to see what the future brings.”

The asset purchase of the LCV broker business from Crownhawk Properties Limited, will see The LCV Group, formerly Low Cost Vans, become a trading style of XLCR Vehicle Management Limited. The purchase includes the acquisition of TR Fleet, a specialist fleet management consultancy business, which Rod Lloyd completed on in 2023. Rod Lloyd, who is the current Chairman of the BVRLA Leasing Broker Committee, will continue in that role as a champion for the industry until the end of his tenure in October this year.  

The business goes on to thank its brilliant staff, loyal customers and supportive business partners.

About Global Vehicle Group:

The Global Vehicle Group, comprising of Global Vans & XLCR Vehicle Leasing is one of the leading suppliers of new light commercial vehicles, and business cars in the UK. Global Vans which was founded in 2002 with its head office in Bristol, and now with offices in Hemel Hempstead & Cardiff, has a strong reputation for providing tailored vehicle and funding solutions, supported by its well established partnerships with the leading vehicle manufacturers and finance companies. Enabling some of the best deals and widest supply availability in the market.

The Group acquired XLCR Vehicle Management Ltd in December 2023, which founded in 2000 has offices in Colne & Plymouth.  XLCR is a car and van broker business led by Lee Duerden & Shaun O’Neill that uses its own proprietary technology to offer the best car and van deals. It is highly focussed on delivering first class customer service and customer retention. Duerden & O’Neill have recently also taken broader roles in the Global Vehicle Group, as Group Chief Operating Officer & Group Chief Sales Officer respectively, working alongside Global Vans co-founder Jon Lewis as Group Chief Commercial Officer, and Group Chief Financial Officer Emma Thomas.

For more information about Global Vans please visit www.globalvans.co.uk

For more information about XLCR please visit www.thebestcardeals.co.uk

About LCV Group:

“The lcv group is one of the UK’s leading providers of commercial vehicles. For more than 25 years we have supplied businesses with the best vans at the best prices, and our diverse range has expanded to include cars, fleet services and flexible hire options.  From our office in the heart of Swansea, the lcv group work closely with a select panel of lenders to research the market, utilising their fleet buying power saving thousands of people millions of pounds on business finance leasing. The lcv group push the boundaries of what is possible in commercial vehicle leasing, delivering excellence to customers locally and across the UK.  ”

For more information about LCV Group visit www.thelcvgroup.co.uk