SAF-Holland commits to UK activities following acquisition

Equipment specialist, SAF-Holland, has announced an acquisition in the low single-digit million-euro range.

IMS Limited, Shepshed, England, which currently employs 19 people, has been purchased by SAF-Holland from its exclusive distributor, IMS Group.

The acquisition is reported to strengthen SAF-Holland’s market position in the UK and Ireland and aims to further expand its market share in this region.

“Proximity and direct access to our end customers are the decisive success factors in the transport and logistics industry,” said SAF-Holland SE CEO, Alexander Geis.

“The established customer base offers us an ideal starting point to serve the British and Irish market with our entire product portfolio even more comprehensively in the future.”

IMS Limited is a provider of sustainable, efficient, competitive and innovative solutions for the transport industry which distributes the Group’s own quality brands SAF-Holland and Sauer Quality Parts, in the UK and Ireland.

SAF-Holland has been directly active in the UK with telematics and connectivity solutions through its subsidiary Axscend Ltd. since 2018. The acquisition will enable SAF-Holland to realise synergies through a coherent customer approach with an extensive product portfolio and additionally the expansion of the aftermarket business.

SAF-Holland President EMEA Region, Christoph Guenter, said: “With the acquisition of the British activities of our distribution partner IMS Group, we are securing our business in the British Isles in the long term. By insourcing the sales activities, we are also increasing our share of the value chain. The resulting business potential in the aftermarket business is also important for us.”

In other news, SAF-Holland increased group sales by 29.9 per cent from €960 million to €1,247 billion according to FY2021 results.

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