NCM Client Elaghmore Combines Portfolio Businesses To Form TVS Group

N News

August 22, 2019

NCM client Elaghmore has combined its portfolio businesses to form TVS Group. The members of this group include SB Components, Priden Engineering and McPhee Mixers to create a ‘one-stop’ shop to deliver engineering solutions for the commercial and industrial vehicle industry, with an annualised revenue of around £50 million.

 

TVS Group has been launched to provide a wide range of market-leading services and products to major companies in a variety of sectors that use commercial and industrial vehicles. Each company in the Group shares similar attributes, such as high-levels of technical expertise and best-in-class customer service in their respective industries.

 

Led by Group Managing Director, James Warren, TVS Group will offer customers a ‘one-stop’ shop for manufacturing and other solutions from multiple sites including TVS Service Centres across the UK, and one in Holland. Each site is customer-focused to deliver the highest-quality products and services from across the Group’s offering.

 

Each company will retain its brand and identity but will work together as part of the TVS Group. This collaboration will enable the companies to share premises and expertise, and broaden the range of products and services they offer to their customers. TVS Group is exploring potential acquisitions which will further strengthen its offer to customers.

 

James Warren, Group Managing Director, TVS Group said, “TVS Group is set to become a major force in delivering specialist manufacturing solutions for the commercial and industrial vehicle industry. We know that there is demand from our customers and others in the market for a company that can quickly meet all their specific needs and support them nationally. TVS Group will help simplify our customers’ supplier relationships and provide them with high-quality, cost-effective solutions from multiple sites across the UK and Europe. I am excited about working closely with the management of each Company as we look to grow the Group.”