MV Commercial buys Fruehauf out of administration in “multi-million” pound deal


 

Specialist truck provider MV Commercial is to buy tipping trailer and rigid body manufacturer Fruehauf out of administration in a “multi-million” pound deal which will see the transfer of all 120 workers at the business. The company is promising to scale up production immediately and be able to offer 80-90 trucks and trailers for sale within a month. MV Commercial said the acquisition, for an undisclosed sum, includes an immediate cash injection and a commitment to a further £30m investment […]