Widnes-based Sutton Group has acquired Imperial Tankers, the bulk chemical transport arm of Hargreaves, creating a single bulk tanker fleet of some 700 units with a combined turnover of approximately £114m from UK operations alone. Suttons bought the subsidiary of Hargreaves for £26.9m, with Hargreaves having purchased the tanker firm – which traces its lineage back to an MBO of ICI’s former tanker operations in 1989 – in 2007. Two years later it added Stockton-on-Tees firm Stiller Tankers to the […]
Wincanton has sold off its UK commercial vehicle repair and maintenance company, Pullman Fleet Services (PFS) to asset management firm Aurelius as it focuses on its more profitable core markets.
Turnover and pre-tax profit rose at Suttons Group’s UK activities in what was the final financial year overseen by former MD Andrew Palmer.
Like hauliers, truck dealers are consolidating, getting bigger, and widening the range of services they offer. Dealers no longer just sell trucks; they are increasingly taking on the vehicle repair and maintenance as more operators close their fleet engineering departments and rely on dealers for their R&M and other technical support. Rygor Commercials is a good example of this trend. The UK’s largest Mercedes-Benz franchise following its takeover of Mudie-Bond last year, Rygor’s territory now covers much of central southern […]