TruckEast

TruckEast is a Scania dealer.

In 2007 "Former Keltruck directors John Biggin and Simon Hobson have bought another Scania dealer, TruckEast, in a buy-in/management buy-out deal worth more than £10m. In 2006 TruckEast had a turnover of £65m with an operating profit of £1.2m. It operates from a dozen sites across the eastern counties. The new management team was backed by Nordic investment bank Glitnir; Glitnir Integrated Finance holds a minority stake."

"Mr Biggin's partners in the offer are David Hall, Sales Director for TruckEast, and Simon Hobson, Keltruck's Finance Director. All will take up equivalent roles in the new organisation. As a consequence, Keltruck's founder and Chairman, Chris Kelly will take up the position of Managing Director for the West Bromwich-based company.  Additionally, Andrew Jamieson, currently Aftersales Director for TruckEast, has been appointed to the post of Aftersales Director for Keltruck."

Related Sourcewatch

 * John Crabtree (Staffline)