Zenith Vehicles

1mo

We’re pleased to announce that we have completed our recapitalisation transaction, strengthening our balance sheet and extending the Group’s debt maturities, providing us with a stable and sustainable financial position to execute our strategy. 📈 The recapitalisation includes an equity contribution of c.£100 million from our majority shareholder, Bridgepoint Group. Richard Jones, Zenith CEO, said: “We have an ambitious strategy for growth centred on being the UK’s most customer-focussed fleet partner and this recapitalisation increases the Group’s financial flexibility to support delivery of our long-term strategic objectives. 🧠