TRANSLINC, Lincolnshire County Council's transport and contract hire operation, has been bought out by its management and employee team. The agreement sees the creation of about 250 employee-shareholders in the newly-privatised company.

Under Lincolnshire County Council, TransLinc provided full contract hire packages for other public sector bodies and runs a fleet of 140 vehicles, the majority of which operate on special needs contracts. Coaches and minibuses were also available for private hire. TransLinc will now be able to do business with private and public sector organisations.

Managing director Brian West said: 'We may be a new company with a host of fresh responsibilities, but our primary client, Lincolnshire County Council, demonstrates with a six-year supply and services deal that we are trustworthy and reliable.'