Arval UK has announced the sale of its AllStar fuel card business to FleetCor Technologies, a leading independent global fleet card provider, for £194m.

In addition to providing FleetCor with a strong presence in the UK market, the transaction includes a commercial agreement between the two companies for at least the next five years. As a result, Arval will continue to provide fuel management solutions as part of its fleet management offer and the companies will work together to deliver fuel products and services to its customer base.