Trailer rental and leasing company TIP Trailer Services UK has acquired the entire share capital of Bell Trailers' rental division.
Bell Trailers reportedly has a rental fleet of 1,400 trailers, comprising predominantly of curtain-siders, refrigerated and dry freight vans as well as skels.
According to TIP, Bell will continue to operate from its existing site in Nelson and will retain its existing management team.
TIP UK’s General Manager, Mike Furnival, said, “We are very excited about the acquisition of Bell Trailers as we are acquiring an excellent business which is fully focused on delivering quality equipment and service to their customers.
“The addition of TIP’s service products, combined with our UK and European network should only enhance the excellent service currently being provided.”
Commenting on the decision to sell the business to TIP, Bell Trailer’s Managing Director, Michael Bell, said, “The timing was right for us to complete this deal and we firmly believe that further growth will be achieved under the ownership of a company that we trust, and will continue to provide excellent service to our existing customers.”