ARI Acquires HPI Fleet

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MOUNT LAUREL, N.J., Oct. 7, 2013 (GLOBE NEWSWIRE) -- ARI®, a leading global fleet services provider specializing in complex car and truck fleets, is pleased to announce that it has acquired HPI Fleet and its related European business entities. The transaction is expected to close in October, at which time HPI Fleet will operate as ARI. The acquisition supports ARI's continued development of a strong, strategic global footprint and follows ARI's recent expansion into the UK and Germany. ARI's European operations will now include service delivery to customers in Austria, Belgium, Denmark, Finland, France, Germany, Italy, Ireland, Luxembourg, the Netherlands, Portugal, Spain, Sweden, Switzerland and the UK.

"The acquisition of HPI Fleet, in tandem with our businesses in the UK and Germany, reflects our genuine commitment to serve the needs of our customers who are growing globally, as well as to deliver fleet solutions tailored to meet in-country needs," said ARI President Carl A. Ortell.

"ARI's significant global investment over the past several years reflects the confidence we have in a universal need for our unique brand of 'world-class' fleet management," notes Chris Conroy, managing director of global operations. "We intend to leverage our expanded geographic footprint to provide services to both our existing multi-national customers and to those with regional requirements in Europe. As with all of ARI's businesses, this will be supported by continued investment in people, processes, and technology."

ARI will manage its continental European operations from its offices in Stuttgart and Frankfurt, Germany, and its UK operations from Chippenham, England.

About ARI®

ARI, part of the Holman Automotive Group, is a global vehicle fleet management organization that drives the best results for each of its clients' unique and complex needs by employing the industry's best fleet professionals, processes, and technology. A workforce numbering more than 2,500 collaborates across offices located throughout North America, Europe, the UK, and Hong Kong to manage more than 1,000,000 fleet vehicles in North America and Europe, and combined with its strategic partners more than two million fleet vehicles globally. A leader in its industry, ARI has been recognized as one of the "100 Best Companies to Work For" by FORTUNE magazine. ARI is headquartered in Mount Laurel, New Jersey. Learn more at www.arifleet.com and connect with us on LinkedIn, Facebook and Twitter.

CONTACT: Caroline Brobeil Nassan Advertising & Public Relations Manager - ARI 856-533-9335 (w); 856-206-3062 (c) cnassan@arifleet.com

Source: ARI