Trek-Group, the International automotive engineering and retail organisation whose head office is in Sheffield, has successfully acquired Safeguard SVP out of administration.
Safeguard SVP, originally founded in 1998 and based near Colchester, is a specialist role-converter of vehicles for government fleet operators including Police, Ambulance, Fire, Defence and Amber light customers.
Tom Janion, Chief Executive of the Trek-Group stated that:
“Safeguard SVP has a long and established record of supplying exceptional quality, role-converted vehicles for Emergency Service fleet operators. We are proud to be able to add the highly regarded skills of Safeguard SVP to our own specialist engineering business, Cartwright Vehicle Conversions.
“This acquisition fulfils a strategic objective by adding a significant manufacturing and aftersales facility in the south of the country. The combined strengths of both market-leading companies underline our commitment to supplying high quality engineered solutions for Emergency Service, Defence, and other specialist fleet operators through our combined 100,000sqft of manufacturing facilities located near Colchester and Doncaster.
“Safeguard SVP is now operating within the Trek-Group family with the added strength of an organisation with a combined turnover of £100m. This acquisition completes one of our planned expansion steps in this critical market area. Further actions to enhance our position will follow shortly.”
Phil Peel, Sales Director of Safeguard SVP added:
“It is fantastic to have found a buyer with specialist market experience so quickly. This positive move by Tom Janion and the Trek-Group has saved a highly experienced business.
“Both the team at Safeguard SVP and I are looking forward to becoming part of the Trek-Group family and capitalising on the capacity and opportunities this brings.
“I would personally like to thank all our customers for their overwhelming loyalty and support over the last few months. We are very happy to be able to continue to deliver high quality products and services for our customers.”