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Invensys Signs Pan-European and Australia Contract Hire Agreement

February 28, 2006

LONDON – Masterlease has been chosen by Invensys — a global automation, controls, and process solutions group — to manage its vehicle fleet in mainland Europe and Australia as part of a 1,700-car contract, according to the Web site www.2fleet.com. This fleet deal will be rolled out between now and the end of 2006. Masterlease will provide Saab, Opel, and Renault vehicles to sales and service personnel and executives in Australia, Austria, Belgium, Denmark, France, Germany, the Netherlands, Norway, Italy, Spain, Poland, and the UK. The contract hire deal replaces individual in-country fleet deals.
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