Belfast Telegraph

Thursday 17 April 2014

Fleet hire firm gears up for £3.5m expansion over next three years

Belfast Lord Mayor Gavin Robinson welcomes Ogilvie Fleet UK’s Managing Director Gordon Stephen (right) and Regional Manager, Jim Humphreys, to Belfast City Hall yesterday following the announcement of their expansion

A Scottish fleet hire company has announced its expansion in Northern Ireland with four new recruits and plans to invest £3.5m over the next three years.

Headquartered in Stirling, Ogilvie Fleet is part of the Ogilvie Group, a £175m turnover privately-owned business employing over 400 people.

"The Northern Ireland market has huge potential for us," said Gordon Stephen, Managing Director of Ogilvie. "Towards delivering our goals we have appointed four new staff to join the existing team. Jim Humphreys, who has over 20 years experience in the local fleet management and automotive sector, becomes our new Regional Manager and will be a tremendous asset to our growth plans. We are also actively looking for larger premises in Belfast which we believe will be more convenient for customers and suppliers alike."

Nationally, Ogilvie Fleet has almost 11,000 vehicles under contract, the company said.

"By 2016 we project a total investment here of £3.5m," Mr Stephen said. "This investment will not only be reflected in jobs, premises and marketing spend, but will also be seen in the significant income generated through vehicle purchase and the establishment of local servicing and maintenance contracts.

"Given the nature of the contract hire business which generally only sees a return on investment after three years this expansion demonstrates that we are here for the long haul."