enX considers possible sale of fleet management business

22nd October 2018

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

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Industrial group enX’s board of directors has completed a strategic review of its ownership interest in its fleet management business, Eqstra Fleet Management and Logistics (EFML), and believes the business may be better suited under a different structure to optimise EFML’s value proposition.

Accordingly, enX has started a process which may result in the divestment of EFML in whole or in part.

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Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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