Dublin, Ireland: Enterprise Holdings is to acquire Walker Vehicle Rentals, a commercial vehicle rental company based in Dublin.
Walker Vehicle Rentals will operate as part of the Enterprise Flex-E-Rent division. Enterprise already serves the commercial vehicle rental market in Ireland and the addition of Walker Vehicle Rentals will enable the business to increase the value and choice of vehicles and services it offers.
Walker Vehicle Rentals operates from six locations on the island of Ireland: two in Dublin, Cork, Wexford, Limerick and Antrim. The company offers a diverse fleet of more than 1,300 commercial vehicles, which it provides to a range of organisations in the public and private sectors, including local authorities and companies in the logistics, waste and food industries.
Enterprise Holdings senior vice president of European Operations, Khaled Shahbo, said: “We are committed to developing the Enterprise business in Ireland, so are delighted that we have agreed to acquire the Walker Vehicle Rentals business which will enable us to expand our offering to the Irish market.
“There are many similarities between the two companies, not least that they are family owned with strong links to the communities in which they operate. Both companies have great teams that are incredibly knowledgeable, and we are confident that together we can create a stronger business and a truly world-class commercial vehicle offering.
“We want Enterprise to be the first choice for customers in Ireland – whatever the vehicle, whenever they need it, for however long they need it for.”
The agreement with Walker Vehicle Rentals is consistent with Enterprise’s strategy to diversify its Enterprise Flex-E-Rent business both organically and through considered acquisition in response to customer demand for greater choice.
Following completion, Enterprise and Walker Vehicle Rentals customers will be able to access the company’s full range of services, expertise, and technologies. Many of Walker Vehicle Rentals’ customers provide freight, logistics and other transport services that are essential to the recovery of the Irish economy.
The current Walker Vehicle Rentals management team will continue to oversee the business throughout the approvals process and will remain to provide key management and support to the business.
