Expansion , UK



Daimler Truck Financial Services (DTFS) and as well as a subscription-based mobility provider have recently signed as new customers. DTFS, one of the world’s largest captive financial and mobility solutions providers, supports Mercedes-Benz and FUSO truck customers. DTFS has now gone live simultaneously in both the UK and German markets, demonstrating Sofico’s successful and repeatable multi-country implementation method. “Forming part of a larger program, the UK go-live was an important milestone for us to demonstrate our capability to deliver with such ambitious time frames,” said Sofico CTO, Piet Maes.

Existing customers such as Zenith, the UK’s leading independent leasing, fleet management and vehicle outsourcing business with capabilities across all vehicle asset types, has also expanded its Miles partnership. Additionally, a subscription-based mobility provider has also selected Miles Enterprise to manage all vehicle usage transactions across Europe in nine different markets, further establishing Sofico’s knowledge on the industry and its potential to move beyond traditional fleet boundaries.

New satellite office in Milton Keynes

Already established in Malvern, Worcestershire, for the last five years, Sofico Services UK recently opened a new satellite office in Milton Keynes, Bucks. This allows the company to provide additional support to local clients, including manufacturer captive and independent leasing companies. A very useful development as the number of implementations for the Miles Enterprise platform continues to grow.

Reinforcing local team support capabilities

In parallel, Sofico recruited five new starters in both its development and consulting teams, to take the total workforce to 40. The new developers will focus on building additional internal resource so that the UK arm improves its autonomy in terms of support services, while new business consultants will better support the expanding local client base.

The UK success story is part of a strategy developed by Sofico in recent years to establish a local presence in key markets so that customers can be better supported through local, native-speaking staff familiar with the market and its culture. This approach has seen the opening of European offices in France, Germany, and the Netherlands, along with other locations including Mexico, Japan and Australia.