UK trade butcher Fairfax Meadow has inked a seven figure deal with commercial vehicle fleet services company Fraikin Ltd to take 43 new vehicles into its fleet.
The newly announced four-year full service contract hire agreement between the two companies, will see 38 Iveco Daily Agile vehicles, one tractor unit, and five 26 ton vehicles enter into service with Fairfax Meadow.
With the partnership now on its fifth renewal cycle, the latest contract cements an 18-and-a-half year commercial relationship between the two companies, with Derby-based Fairfax Meadow’s first order to Fraikin Ltd placed in 1996.
The current order of vehicles replaces 15 new Daily Agile vehicles ordered in 2010, and it will see between 75 and 80 percent of Farifax Meadow’s entire fleet supplied and serviced by Fraikin Ltd.
As part of the latest contract hire agreement, Fairfax Meadow will, for the first time, also take on four refrigerated trailers, set to go into service in November this year.
Fairfax Meadow is a national catering butcher organization, operating out of seven national depots and making around 200,000 deliveries each year.
Established in 1978, Fraikin Ltd provides contract hire, fleet management and rental solutions to both the private and public sector.