Redde Northgate

Redde Northgate plc is the UK's largest commercial vehicle rental provider, with over 100,000 vehicles in the UK and Spain.[2] It is headquartered in Darlington, County Durham. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Redde Northgate plc
Formerly
  • Goode Durrant & Murray,
  • Northgate plc
TypePublic
IndustryVehicle rental
Founded
  • 2 July 1897 (1897-07-02) (the legal entity)
  • 1981 (the Northgate business)
entity)
2020 (Redde Northgate)
HeadquartersDarlington, County Durham, England, United Kingdom
Key people
Revenue £1,109.5 million (2021)[1]
£105.5 million (2021)[1]
£65.6 million (2021)[1]
Websitereddenorthgate.co.uk

History

Goode Durrant plc

Goode Durrant plc was incorporated on 2 July 1897.[3]

In January 1987 Goode Durrant & Murray Group plc was acquired by an Australia-listed company Ariadne Australia via its Hong Kong listed company Impala Pacific, which renamed the UK company to Goode Durrant plc.[4][5]

In July 1987 Goode Durrant acquired Northgate Motor Holdings, a company established by Alan Noble in 1981 as Noble Self Drive in Darlington.[6]

In 1997 Goode Durrant bought Transport Development Group (TDG) Vehicle Rental.[7]

Northgate plc

In 1999 Goode Durrant plc was renamed into Northgate plc.[6] In 2002 the Company acquired 40% of Furgonetas de Alquiler SA, a Spanish vehicle rental business, and subsequently exercised an option to buy the remainder.[8] In 2005 Arriva sold its UK-wide vehicle rental business to Northgate for £129 million.[9]

Kevin Bradshaw replaced Bob Contreras as chief executive in 2017.[10][11]

Redde Northgate plc

In 2020 Northgate plc merged with Redde plc, a provider of incident and accident management services, to form Redde Northgate plc.[12]

Martin Ward replaced Kevin Bradshaw as chief executive as part of the merger.[13]

Operations

The Company offers vehicle rental, vehicle disposal, vehicle ancillary services, repairs, accident management and vehicle data.[14]

References
  1. "Annual Report 2021" (PDF). Northgate. Retrieved 17 February 2022.
  2. "About us". Northgate. Retrieved 10 April 2016.
  3. "Redde Northgate plc". Companies House. Retrieved 11 April 2021.
  4. "怡勝太平洋昨日宣佈獲英一公司逾半股權". Ta Kung Pao (in Chinese). Hong Kong. 21 January 1987. p. 9 – via Hong Kong Public Libraries.
  5. 1985–86 Annual Report. Goode Durrant PLC. 10 July 1987 – via Companies House.
  6. "History". Nortgate plc. Archived from the original on 1 September 2006. Retrieved 6 October 2017.
  7. "Goode Durrant buys rental group". fleetnews.co.uk. 12 September 1997. Retrieved 6 October 2017.
  8. White van man gives Northgate 23% rev-up Daily Telegraph, 12 January 2005
  9. Northgate to buy Arriva Vehicle Rental for £129.3 million Marketwatch, 31 January 2006
  10. [s.n.] (6 December 2016). Northgate CEO Bob Contreras to step down (press release). Reuters. Accessed September 2018.
  11. Martin Waller (20 September 2017). Spain eases the pain of British slowdown . The Times. Accessed September 2018.
  12. "Home - Redde Northgate plc". reddenorthgate.co.uk. Retrieved 26 March 2021.
  13. Shabong, Yadarisa (29 November 2019). "Van hire firm Northgate to buy accident claims handler and ditch CEO". Reuters. Retrieved 26 March 2021.
  14. "Our Businesses - Redde Northgate plc". reddenorthgate.co.uk. Retrieved 26 March 2021.


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