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The commercial vehicle division of independent leasing company Zenith has appointed a trio of highly experienced executives. Zenith Commercial said the division now managed in excess of 50,000 commercial vehicles. Customers included firms in the food distribution, home shopping, parcel delivery, logistics, cash in transit, and construction and infrastructure-related services.
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Zenith has announced that funds managed by HgCapital have signed definitive agreements to acquire a majority stake holding in the parent company of Zenith Vehicle Contracts Group Limited from Morgan Stanley Global Private Equity (MSPE).
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