AS PART of its global expansion programme, TIP Trailer Services has purchased Steers Group Ltd, and its wholly owned subsidiary Eurotrail UK Ltd, for an undisclosed sum.
TIP also confirmed that members of Eurotrail’s management team will remain with the business, as too will key members of staff who have been crucial to the development of the business over the last 28 years.
Announcing details, Bob Fast, president and CEO of TIP Trailer Services said: “The acquisition of Eurotrail will support our asset diversification strategy with a growing focus on heavy commercial vehicles, whilst complementing the existing offering from Grayrentals, TIP’s commercial vehicle hire business.”
Eurotrail, based in Leeds, was established in 1997 by Alan Steers and employs approximately 15 people at their head office.