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Perry Group has sold its Perry Contract Hire vehicle rental business to First National Vehicle Contracts for £1.3m, and the proceeds will be used to expand its nationwide accident repair business.

Perry Group has acquired four motor accident repair businesses from Pendragon for £3.4m, and will integrate them into its Nationwide Crash Repair Centres subsidiary.

Perry Group is planning to expand its Network Services accident management and Nationwide body repair businesses, and reduce its focus on retail vehicle sales and lower-margin fleet sales.