Masterlease in Ireland
Masterlease enters Irish leasing marketMarch 2007
Leading fleet management company Masterlease has continued its expansion throughout Europe entering the Irish market, via a strategic partnership with HB Dennis Leasing and permanent tsb Finance Limited.
The entry into Ireland means Masterlease now has a presence in 13 countries around Europe and expects to expand this further by the end of the year.
Nick Brownrigg, CEO of Masterlease, comments: “The Irish market has been a target of ours for some time and is the next step in ensuring we can offer our customers true pan-European leasing. We selected our partners carefully for this expansion and both HB Dennis and permanent tsb Finance Limited have vast amounts of experience of working in Ireland, which means Masterlease Ireland can hit the ground running.
HB Dennis Leasing is one of Ireland's leading fleet management companies and has been in operation for over 25 years. permanent tsb Finance Limited is the consumer and motor finance division of permanent tsb, the wholly owned banking division of Irish Life & Permanent plc.
Brownrigg continues: “There is a growing demand for full-service, pan-European leasing arrangements, though each market requires a unique and personalised approach. It is vital to have a physical presence in as many markets as possible in order to achieve that.
“As well as attracting a new customer base in Ireland, the move will complement our offering in the UK particularly well. Many of our existing customers in the UK will now be able to take advantage of seamless service in Ireland too.”