TOTAL Vehicle Solutions (TVS) Group has acquired Wilcox Group Ltd, trading as Wilcox Commercial Vehicles.
Wilcox is one of the UK’s leading manufacturers of aluminium bodies for rigid and tipping trailers and is the first acquisition TVS Group has made since its formation in 2019. Wilcox is also the exclusive agent for CIFA Mixers in the UK.
TVS Group comprises of three of the UK’s leading specialist manufacturing firms that deliver solutions for the commercial and industrial vehicle industry, including SB Components, Priden Engineering and McPhee Mixers with headquarters in Wisbech, Cambridgeshire.
Wilcox operates out of a 43,056sq.ft factory based in Market Deeping, Peterborough, and employs 100 full-time staff. The business will continue to be led by Vito Ronzano, and Chris Bartlett who have owned and developed Wilcox since 2000.
The TVS Group is owned by Elaghmore, the UK based private equity firm, and has annualised revenue of £45 million.
Vito Ronzano, managing director, Wilcox, said: “This is a significant milestone for Wilcox. We look forward to offering our clients even more services and products and pooling expertise and resources with other TVS Group companies. Chris Bartlett and I would like to thank the whole team at Wilcox for their continued hard work and dedication, especially over the last year.”
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