The upkeep of the London Fire Brigade's engines has passed into new hands as part of a multi-million pound deal between Asset Investment Capital (AIC) and gas group Lattice.
Privately-owned finance group AIC is buying Lattice's fleet management arm TLG for £95 million in shares and spending a further £115 million on paying off the division's outstanding loans.
TLG was awarded a 20-year contract to provide and maintain 540 fire engines and 20,000 pieces of equipment for the London Fire Brigade two years ago.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article