Leasedrive Velo has won a major contract from Palmer and Harvey.

The £2.1m contract involves the sale and leaseback of 204 company cars plus the replacement of 130 contract hire vehicles over the next six months.

Commercial director, Roddy Graham at Leasedrive Velo, said: “This represents another big win for us following a competitive tender review.

"Once again, duty of care and risk management were key client concerns tabled during discussions.

"Following the contract signing, we will assist immediately with a full vehicle management review and a re-design of fleet policy.”

Jim Glover, HR director at Palmer and Harvey, added: “The sale and leaseback deal allows us to release capital investment into our core activity.”