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the lcv group joins Global Vans and XLCR to become part of the Global Vehicle Group

30 Jan 2025
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the lcv group joins Global Vans and XLCR to become part of the Global Vehicle Group

the lcv group is joining forces with Global Vans and XLCR to become part of the Global Vehicle Group, as a tech-enabled, SME focused, van and car leasing broker business - an industry leading player.

From its roots in Belfast to its current base in Swansea, the lcv group has grown from a small, local business into an industry leader, which will now become a trading style of XLCR Vehicle Management Ltd.

The sale includes the acquisition of TR Fleet, a specialist fleet management consultancy business, which Rod Lloyd acquired in 2023. 

The sale, for an undisclosed sum, follows Global Vans’ purchase of XLCR Vehicle Management Ltd in late 2023. The three brands will now form the Global Vehicle Group.

the lcv group will continue to have the same management, and each brand will retain their strong individual identities. Rod Lloyd, MD of the lcv group, will now work in consultation with the executive board of the Global Vehicle Group, led by CEO Andrew Hurst.

Andrew Hurst commented that this was a great tie-up with a 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, commented: “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.”

After a busy 12 months for the lcv group and a period of change: in early 2024 the broker moved into a new large-scale complex in Swansea; it was named Best Mid-Size Broker in the Broker News Awards 2024; and in September celebrated 25 years in business.

Rod Lloyd, who is the current Chairman of the BVRLA Leasing Broker Board, will continue in that role as a champion for the industry.  

With a dedicated team, the lcv group now part of the Global Vehicle Group will continue to push the boundaries of what’s possible in commercial vehicle leasing, delivering excellence to customers across the UK.

Start your journey with the lcv group today and call the team on 01792 818538, or find out more about the benefits of working us here!

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

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

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THE LCV GROUP
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